Dutch economists call on PM for action
Four prominent Dutch economists have called on Prime Minister Mark Rutte to urge his fellow European Union leaders to implement the measures to help the euro that were agreed at the end of October.
In an open letter to the prime minister, the economists said the Eurozone countries must be prepared to make more money available to the European emergency fund in order to prevent the Eurozone falling apart. They say rapid steps to implement the measures agreed at the end of October must be taken, the most important of which is the “considerably larger European emergency fund."
The economists warned of the increasing unrest on the financial markets and say there is already speculation about the collapse of the Eurozone. This, they say, will lead to “considerable economic and financial losses in the Netherlands and other Eurozone countries and knock European integration back by several decades."
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