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15 October 2008
AMSTERDAM -- The province of Groningen admitted it has EUR 30 million in two troubled Icelandic banks: Kaupthing and Landsbanki. Altogether, Dutch local councils deposited more than EUR 71 million in Iceland.
An investigation by the Dutch public broadcaster NOS reveals that no other provinces appeared to invest money in Icelandic banks.
However, when questioned, the provinces of Utrecht and Limburg would say only that they invested money abroad.
A representative for North-Holland admitted that the province deposited savings abroad but said it intends to reclaim a portion of them.
[Radio Netherlands / Expatica]
Why not get together with wintery wines and bites in the heart of Amsterdam? We will introduce you to other singles and various wines in a stylish and relaxed environment on Sunday, 13 December.
Enter to win one of three Amazon.com vouchers by filling out the Expatica Survey 2009!
Nominate a company or individual for the Expat of the Year, Expat Employer of the Year and Expat Service Provider of the Year and you could win a Dutch ID Double Dutch Bike worth EUR 749!
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Some basic facts and figures about living and working in the Netherlands.
The challenges and benefits of the maternity system in the Netherlands and how it differs to other countries.
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