Arab Today, arab today dutch herald end of welfare state as austerity hits
Last Updated : GMT 04:30:55
Arab Today, arab today
Arab Today, arab today

Dutch herald end of welfare state as austerity hits

Arab Today, arab today

Arab Today, arab today Dutch herald end of welfare state as austerity hits

The Hague - AFP

The Dutch government heralded the end of the welfare state on Tuesday as the fifth-largest eurozone economy presented an austerity-driven budget for 2014. \"The classic welfare state is slowly but surely turning into a society of participation,\" King Willem-Alexander told parliament, laying out the Liberal-led government\'s plans for the year. \"It is asked of all those who can to take responsibility for their own life and that of those around them,\" the king said in the speech written by Prime Minister Mark Rutte. The king, who travelled through the streets of The Hague to address MPs and senators in an ornate horse-drawn golden carriage, said the transformation would be particularly noticeable in social security and long-term healthcare policies. \"The classic welfare state of the second half of the 20th century has ended up with practices in these domains that have become untenable in their current form,\" said the king, whose country for decades symbolised the western European ideal of the welfare state. Dutch Finance Minister Jeroen Dijsselbloem later unveiled his budget in parliament, with the Netherlands economy still struggling to return to growth. \"Balance has not yet returned to our economy, and that can be seen from the figures,\" Dijsselbloem, who also heads the Eurogroup of eurozone finance ministers, told parliament. The trade-dependent Dutch economy is in the fourth quarter of a recession and is struggling even as other European countries return to growth. A growth prediction of 0.5 percent for 2014 is less than previous forecasts and unemployment, on the rise since June 2011, is expected to climb beyond 9 percent. \"A quick and painless solution does not exist,\" Dijsselbloem said, referring to six billion euros in additional budget cuts for 2014. Those savings come on top of austerity measures agreed by previous governments since the financial crisis started in 2008. The government hopes that all of the cuts agreed since then will result in overall savings of 30 billion euros in 2014, rising to 50 billion euros in 2017. Most of the additional measures announced Tuesday had already been leaked in the Dutch press, including lowering healthcare refunds and reducing ministries\' budgets. A reported public sector wage freeze was however not announced. The austerity measures will reduce Dutch households\' purchasing power by 0.25 percent in 2014, but at the same time bring the public deficit down to 3.3 percent of gross domestic product (GDP). The Netherlands\' Central Planning Bureau (CPB), whose predictions the government uses to draw up its budget, said in June that without the additional measures the deficit would rise to 3.9 percent of GDP next year. European Union rules mean that the Dutch deficit cannot be over 3 percent of GDP. It was 4.1 percent in 2012. The budget announcement came with the government in free-fall in opinion polls. A poll published Sunday said that the ruling Liberal-Labour coalition, in power for a year, would lose around half its seats in parliament were elections held now. Eurozone growth in the second quarter of 2013 was 0.3 percent overall, while the Dutch economy shrank by 0.2 percent during the same period.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dutch herald end of welfare state as austerity hits Arab Today, arab today dutch herald end of welfare state as austerity hits

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dutch herald end of welfare state as austerity hits Arab Today, arab today dutch herald end of welfare state as austerity hits

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today O'Leary: Could ground more planes

GMT 06:49 2017 Friday ,22 September

O'Leary: Could ground more planes
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Huthis stage defiant rally 3 years

GMT 05:29 2017 Friday ,22 September

Huthis stage defiant rally 3 years
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Youssra prepares for launching her  program

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 09:40 2017 Tuesday ,19 September

Actress Ream Hhagag prepares for a new film

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:03 2017 Thursday ,21 September

Alarm over flesh-eating ulcer cases

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday