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Article: Dutch central bank predicts zero economic growth next year
- Article from:
- Xinhua News Agency
- Article date:
- October 18, 2008
CopyrightCopyright 2008 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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Dutch central bank predicts zero economic growth next year
BRUSSELS, Oct. 17 (Xinhua) -- A senior official of the Dutch
central bank said Friday the Dutch economy may book zero growth or
even a contraction next year, Dutch paper NRC Handelsblad reported.
Henk Brouwer, director of the Dutch central bank, told a meeting
of the Social and Economic Council in The Hague on Friday that "very
little growth" should not be ruled out for 2010.
It is the first time that the central bank has released a
prognosis which is substantially lower than the one used by the
government. The Dutch government based its 2009 spending plans on
economic growth of 1.25 percent.
Brouwer told the meeting the economic ...