The Netherlands: Opposition parties call for unified euro crisis solution

Dutch MPs are increasingly worried about the financial situation in Italy, following the dumping of Italian banking shares on Friday, the Financieele Dagblad reports on Tuesday.
Opposition party financial spokesmen are calling for a concerted effort to solve the crisis quickly, the paper says. There are growing fears the debt crisis may now spread to Italy and Spain – which are major EU economies.

Labour’s finance spokesman Ronald Plasterk told the paper the inclusion of Italy in the euro crisis ‘crossed a new line’. Wouter Koolmees of the Liberal democrats D66 agrees with Plasterk that a speedy solution is needed. ‘The uncertainty surrounding tackling the Greek crisis is dragging on for too long,’ he said. ‘It sometimes seems as if everyone is performing for their home audience rather than coming up with a solution which is in everyone’s interests.’


The Netherlands is continuing to press for major private investment in the bail-out – forced if necessary – the paper says. But France and the European central bank are opposed to any element of compulsion.

EU-Digest: The Netherlands is absolutely right on this one. The financial community has had governments bail them out in the 2008/2009 crises, but is not willing to get involved today to participate in carrying the risk on Greece which troubles they in a way have caused themselves.


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