Monday, January 19, 2009

Government Expecting Major Economic Crisis


In November 2008 industrial production declined by 8%. This is the greatest decline since the Second World War. Minister of Social Affairs Piet Hein Donner (Christian Democrats) said in Parliament that the Netherlands must prepare for an economic crisis which will be more severe than all those of the last half century.
www.parool.nl/parool/article/print/detail.do?language=nl&navigationItmId=11...

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