Dutch PM calls on Dutch to show "backbone"

20th December 2008, Comments 0 comments

Dutch Prime Minister Jan Peter Balkenende believes the Netherlands can emerge from the recession more strongly if its people show "backbone.

THE NETHERLANDS – Writing in the financial daily, Het Financieele Dagblad, Mr Balkenende says that when faced with adversity the Dutch fight back harder and that that pays dividends.

However, he also writes that estimates for the future of the country's economy are less stable than normal. 

He says that based on predictions made by the Bureau for Economic Policy Analysis, people should not conclude that the country will only have to endure the effects of the financial crisis for one year.

[Radio Netherlands / Expatica]

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