Coalition parties thrash out crisis measures

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The parties in the ruling coalition have spent their third consecutive day in tough talks on measures to deal with the financial crisis.

THE HAGUE - Two representatives from each of the parties, the Christian Democrats, Labour and the Christian Union are meeting under the chairmanship of Prime Minister Jan Peter Balkenende.

Although they are refusing to disclose any details of the deals being made, those involved say progress was achieved during Saturday's talks.

Among the issues under discussion are savings in expenditure, investment and other measures to keep government finances under control.

The coalition partners have undertaken to reach agreement on a radical raft of measures by Friday.

Despite the optimism, Finance and Deputy Prime Minister Wouter Bos is warning that final agreement between the parties has not yet been reached.

Radio Netherlands / Expatica

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