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8/16/13

European Real Estate:Netherlands real estate bubble bursts during downturn - by Nigel Cassidy

Figures have confirmed that the countries that share the Euro currency finally emerged from recession in the second quarter of 2013, with growth of 0.3%.

However, despite the cautious optimism, the economic picture remains far from rosy and not just for those in the south of Europe.

The Netherlands is struggling with the bursting of a real estate bubble, on a scale only seen in the United States and Spain.

Read more: BBC News - Netherlands real estate bubble bursts during downturn

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