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10/20/20

The Netherlands: Dutch economy outperforming others because of “intelligent lockdown”

While the first wave of the coronavirus pandemic dealt an unprecedented blow to the Dutch economy, the Netherlands is still doing better than many other European countries, Statistics Netherlands reported on Tuesday. This may have to do with the Netherlands' "intelligent lockdown" keeping more sectors open than in other countries with stricter lockdowns.

In the second quarter, the Dutch economy contracted by 8.5 percent compared to the previous quarter. "This was the strongest contraction ever recorded," the stats office said. But compared to other European countries, the Dutch economy came off favorably. Germany's economy shrank by 9.7 percent, Belgium's by 12.1 percent, and France's by 13.8 percent

Read more at: Dutch economy outperforming others because of “intelligent lockdown” | NL Times

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