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Dutch deficit on path to breach European rules in 2013 and 2014, budget office says

Canadian Press, The Canadian Press
0 Comments| February 28, 2013

AMSTERDAM - Dutch government deficit spending is set to break European limits in both 2013 and 2014, a development that may compel Finance Minister Jeroen Dijsselbloem to go to opposition parties to seek approval for new tax hikes or spending cuts.

The Central Planning Bureau forecast released Thursday estimates that the country's deficit will amount to 3.4 per cent of annual gross domestic product this year, and 3.3 per cent in 2014.

© The Canadian Press, 2013

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