Forbes.com:The Netherlands - IMF says Dutch economy likely to keep growing faster than EU average

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The Netherlands - IMF says Dutch economy likely to keep growing faster than EU average

The International Monetary Fund (IMF) said the Dutch economy is expected to weather the turmoil in global financial markets fairly well and will continue growing faster than the European Union average.

'Sizeable fiscal consolidation and stability-oriented macroeconomic policies, complemented by broad-based structural reforms, have underpinned an extended period of strong growth, outperforming the EU average, and have shielded the economy from the recent global financial turmoil,' it said in a report on the Dutch economy.

'Despite an expected deceleration in growth following the U.S. economic slowdown, near-term prospects remain favorable, with real GDP expected to continue expanding above the EU average,' it said.