Liveleak Forums  

Go Back   Liveleak Forums > Politics and Society > Europe

Notices

Reply
 
Thread Tools Display Modes
Old 04-23-2012, 03:42 PM   #1
Shizzah
Haal die camera weg!
 
Shizzah's Avatar
 

Join Date: Dec 2009
Location: Apeldoorn, Gelderland Province, Netherlands
Posts: 12,453
Shizzah is a forum GOD!!Shizzah is a forum GOD!!Shizzah is a forum GOD!!Shizzah is a forum GOD!!Shizzah is a forum GOD!!Shizzah is a forum GOD!!Shizzah is a forum GOD!!Shizzah is a forum GOD!!Shizzah is a forum GOD!!Shizzah is a forum GOD!!Shizzah is a forum GOD!!
Points: 492,364,923, Level: 100
Points: 492,364,923, Level: 100 Points: 492,364,923, Level: 100 Points: 492,364,923, Level: 100
Activity: 21%
Activity: 21% Activity: 21% Activity: 21%
Default Dutch government falls in budget crisis

Dutch Prime Minister Mark Rutte has tendered his government's resignation to Queen Beatrix, paving the way for early elections.

The government was plunged into crisis when Geert Wilders' Freedom Party (PVV) quit talks aimed at slicing 16bn euros (13.1bn) from the budget.

Mr Wilders said he would not accept austerity demands to bring the budget deficit in line with EU rules.

His party was not part of the coalition but supported the minority government.

Dutch broadcaster Nos said Mr Rutte spent almost two hours on Monday afternoon at the queen's palace in The Hague where he made the cabinet's resignation official.

Speaking after a cabinet meeting in the morning involving Mr Rutte's liberal VVD and the Christian Democrats (CDA), Finance Minister Jan Kees de Jager said they would "show the financial market and Dutch people that we can also put forward a solid financial policy".

AAA status

Since 5 March, the two coalition parties along with the Freedom Party have been trying to reach agreement on budget cuts. A recent forecast from the Netherlands' Central Planning Bureau estimated that the country's 2013 public deficit would rise to 4.7% of GDP, well above the 3% EU target.

The Netherlands has been asked to submit its budget measures to the European Commission by 30 April, although it is not clear how firm that deadline is.

Mr Wilders said the coalition's proposals would harm economic growth and affect many people's spending power. Socialist Party leader Emile Roemer said he too was not prepared to support the attempt to bring the budget deficit below 3% by 2013.

But there are fears that the failure of the budget talks could harm the Netherlands' prized AAA credit rating status and the low yield on government bonds.

The BBC's Anna Holligan in The Hague says that many are now asking if the Netherlands cannot balance its books without the government collapsing, then which government can; and where it leaves the EU fiscal compact, aimed at enforcing budget discipline.

Economic Affairs Minister and CDA leader Maxime Verhagen said on his Twitter feed earlier on Monday that the main concern was "how, on the way to elections, we can keep the economy and finances on the rails".

Dutch daily NRC Handelsblad reported that confidence in the Netherlands had already fallen on the financial markets on Monday, with the gap widening between Dutch and German government bonds.

Mr Rutte's government lasted just 558 days. Only three other Dutch administrations since World War II have been in office for shorter periods, Dutch news agency ANP says.

A parliamentary debate on the Dutch political crisis is expected to take place on Tuesday afternoon. A key question facing the political parties is whether to hold general elections before or after the summer recess.
__________________
....I don't think the human race will survive the next thousand years, unless we spread into space.
- Stephen Hawking
Shizzah is offline   Reply With Quote
Old 04-23-2012, 05:42 PM   #2
ChillyFox
Dumpster Diving
 

Join Date: Dec 1969
Posts: 651
ChillyFox is a forum GOD!!ChillyFox is a forum GOD!!ChillyFox is a forum GOD!!ChillyFox is a forum GOD!!ChillyFox is a forum GOD!!ChillyFox is a forum GOD!!ChillyFox is a forum GOD!!ChillyFox is a forum GOD!!ChillyFox is a forum GOD!!ChillyFox is a forum GOD!!ChillyFox is a forum GOD!!
Points: 2,997,933, Level: 100
Points: 2,997,933, Level: 100 Points: 2,997,933, Level: 100 Points: 2,997,933, Level: 100
Activity: 44%
Activity: 44% Activity: 44% Activity: 44%
Default

Time to go back to Sef Efrica Shizz...The ship you're on now is sinking...
ChillyFox is offline   Reply With Quote
Old 04-23-2012, 06:00 PM   #3
Shizzah
Haal die camera weg!
 
Shizzah's Avatar
 

Join Date: Dec 2009
Location: Apeldoorn, Gelderland Province, Netherlands
Posts: 12,453
Shizzah is a forum GOD!!Shizzah is a forum GOD!!Shizzah is a forum GOD!!Shizzah is a forum GOD!!Shizzah is a forum GOD!!Shizzah is a forum GOD!!Shizzah is a forum GOD!!Shizzah is a forum GOD!!Shizzah is a forum GOD!!Shizzah is a forum GOD!!Shizzah is a forum GOD!!
Points: 492,364,923, Level: 100
Points: 492,364,923, Level: 100 Points: 492,364,923, Level: 100 Points: 492,364,923, Level: 100
Activity: 21%
Activity: 21% Activity: 21% Activity: 21%
Default

Quote:
Originally Posted by ChillyFox View Post
Time to go back to Sef Efrica Shizz...The ship you're on now is sinking...
lol the ship's been sinking for 10 years now. No cabinet during the last decade made the full term.

But yes you are right.

Noord-Kaap love baby.
__________________
....I don't think the human race will survive the next thousand years, unless we spread into space.
- Stephen Hawking
Shizzah is offline   Reply With Quote
Old 04-24-2012, 11:02 AM   #4
mouseITup
LiveLeaker
 
mouseITup's Avatar
 

Join Date: Jul 2011
Location: Albion
Posts: 691
mouseITup is a forum GOD!!mouseITup is a forum GOD!!mouseITup is a forum GOD!!mouseITup is a forum GOD!!mouseITup is a forum GOD!!mouseITup is a forum GOD!!mouseITup is a forum GOD!!mouseITup is a forum GOD!!mouseITup is a forum GOD!!mouseITup is a forum GOD!!mouseITup is a forum GOD!!
Points: 59,249,077, Level: 100
Points: 59,249,077, Level: 100 Points: 59,249,077, Level: 100 Points: 59,249,077, Level: 100
Activity: 1%
Activity: 1% Activity: 1% Activity: 1%
Default

Quote:
Dutch daily NRC Handelsblad reported that confidence in the Netherlands had already fallen on the financial markets on Monday, with the gap widening between Dutch and German government bonds.
Dutch credit default swap (CDS) spreads are currently trading at 135 basis points. This means it costs 135,000 a year over five years to insure 10m of Dutch government debt, compared with 91,000 for Germany.

Dangerous roads ahead?

__________________
.
mouseITup is offline   Reply With Quote
Old 04-24-2012, 11:35 AM   #5
dad61
Viewer Discretion Advised
 
dad61's Avatar
 

Join Date: Sep 2008
Location: Just left of Uranus
Posts: 33,262
dad61 is a forum GOD!!dad61 is a forum GOD!!dad61 is a forum GOD!!dad61 is a forum GOD!!dad61 is a forum GOD!!dad61 is a forum GOD!!dad61 is a forum GOD!!dad61 is a forum GOD!!dad61 is a forum GOD!!dad61 is a forum GOD!!dad61 is a forum GOD!!
Points: 1,660,720,815, Level: 100
Points: 1,660,720,815, Level: 100 Points: 1,660,720,815, Level: 100 Points: 1,660,720,815, Level: 100
Activity: 32%
Activity: 32% Activity: 32% Activity: 32%
Default

Russia has now closed it's stock market indefinitely, the domino's are falling faster and faster.
__________________
Good judgment comes from experience. Unfortunately, the experience usually comes from bad judgment.

The man who can keep a secret may be wise, but he is not half as wise as the man with no secrets to keep.
dad61 is offline   Reply With Quote
Old 04-24-2012, 12:13 PM   #6
MrFailAlot
mrfai-LL-alot
 
MrFailAlot's Avatar
 

Join Date: Aug 2011
Location: Holland Near Amsterdam
Posts: 102
MrFailAlot is a forum GOD!!MrFailAlot is a forum GOD!!MrFailAlot is a forum GOD!!MrFailAlot is a forum GOD!!MrFailAlot is a forum GOD!!MrFailAlot is a forum GOD!!MrFailAlot is a forum GOD!!MrFailAlot is a forum GOD!!MrFailAlot is a forum GOD!!MrFailAlot is a forum GOD!!MrFailAlot is a forum GOD!!
Points: 21,727,842, Level: 100
Points: 21,727,842, Level: 100 Points: 21,727,842, Level: 100 Points: 21,727,842, Level: 100
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
Default

this shit never makes any sense to me so idc...
__________________
Senior_Conspiriocio: If you aren't giving MrFailAlot five star votes, then go to hell!
LeakingHole: your so uber gorgeous, simply a gawddamn beauty...you need a crowne.
MrFailAlot is offline   Reply With Quote
Old 04-24-2012, 01:21 PM   #7
Blits30
BooBoo
 
Blits30's Avatar
 

Join Date: Feb 2010
Location: DutchLand
Posts: 1,560
Blits30 is a forum GOD!!Blits30 is a forum GOD!!Blits30 is a forum GOD!!Blits30 is a forum GOD!!Blits30 is a forum GOD!!Blits30 is a forum GOD!!Blits30 is a forum GOD!!Blits30 is a forum GOD!!Blits30 is a forum GOD!!Blits30 is a forum GOD!!Blits30 is a forum GOD!!
Points: 439,886,266, Level: 100
Points: 439,886,266, Level: 100 Points: 439,886,266, Level: 100 Points: 439,886,266, Level: 100
Activity: 46%
Activity: 46% Activity: 46% Activity: 46%
Default

* Starts packing her bags.
__________________

~ A man's home is his castle...Until the Queen arrives. ~


www.travelthewholeworld.com
Blits30 is offline   Reply With Quote
Old 04-24-2012, 02:59 PM   #8
YWAHW
LiveLeaker
 
YWAHW's Avatar
 

Join Date: May 2011
Posts: 5,616
YWAHW is a forum GOD!!YWAHW is a forum GOD!!YWAHW is a forum GOD!!YWAHW is a forum GOD!!YWAHW is a forum GOD!!YWAHW is a forum GOD!!YWAHW is a forum GOD!!YWAHW is a forum GOD!!YWAHW is a forum GOD!!YWAHW is a forum GOD!!YWAHW is a forum GOD!!
Points: 209,460,497, Level: 100
Points: 209,460,497, Level: 100 Points: 209,460,497, Level: 100 Points: 209,460,497, Level: 100
Activity: 11%
Activity: 11% Activity: 11% Activity: 11%
Default

Quote:
Originally Posted by dad61 View Post
Russia has now closed it's stock market indefinitely, the domino's are falling faster and faster.
Might want to check your sources....
YWAHW is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is Off
HTML code is Off

Forum Jump


All times are GMT. The time now is 12:40 PM.