Socialists seek to combat financial crisis effects

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One of the measures suggested by the Dutch Socialist party include reducing working hours so people can still remain employed in financially-challenged companies.

10 November 2008

THE HAGUE - The leader of the Socialist Party wants to make short-term reductions in working hours possible for people in both full time and temporary jobs as part of the measures to limit the negative effects of the financial crisis.

Agnes Kant will present five measures to protect jobs and incomes from the financial crisis on Monday.  Other measures include pension funds to be given loans so they can keep pace with price rises.

Kant believes that now the government has saved the banks, it should do more to protect jobs and incomes from the effects of the crisis.

[Radio Netherlands / Expatica]

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