Dutch central bank: increase 2005 bursts out lower
AMSTERDAM (DUTCH PRESS AGENCY) - the Nederlandsche bank
(Dutch central bank) have considerably reduced the increase
expectation for 2005. The bank assumes now an increase the Dutch
economy 0.4 per cent. Beginning this year expected Dutch central
bank an increase of 1.7 percent. The disappointing increase
means according to Dnb-president Nout Wellink that further economic
reforms necessary it are.
Especially the disappointing economic performances in the past
two trimesters forced the Dutch central bank to a downward adjustment
of the increase forecasts, put Wellink Wednesday in an interview with
the Volkskrant. It are spoken I optimistic people normally, but
now does not turn out better than expected it. We live in a
world in which shocks also in the future will occur.
Wellink explained two weeks suffered all that the economic
growth this year lower would end up. But do not want indicate
during the presentation of the annual report of the Dutch central bank
he with which percentage the increase would lag behind. By the
end of May reduced the OECD, the denktank of thirty industry
countries, the estimate of the Dutch increase already to 0.5 per cent.
The central plan office uses still an increase figure of 1.0
percent.
The moderate economic performances force it current and future
cabinets to further reforms, put Wellink. I think, however, that
many Europeans are tired of all changes, but you did think really that
we can the demographic ageing bell put some years quietly? You
thought now real that we can say against the Chinezen: we are
tired. You cannot stop a couple year?
The key for convalescence lies according to the bank president
at the citizens and the entrepreneurs themselves. Those must
show adapt to be in a flexible way enough to changes. Wellink
does not think that he overcharges the citizen with that. I
desire nothing. I say only what must happen to realise the
desires of citizens. If you want a pension must you premium to
pay and if you want a job, you must accept a system that work
generates. But I admit: it is also easily at zo’n
abstract levels talk. Until it concerns himself.
Wellink indicates that without the euro the Netherlands still
more badly would be been. Without common currency national
valuta’s as a result of the attacks of 11 September 2001, the
rising olieprijs, the war in Iraq and the rise of China from each
other played would be. "the guilder much had become more
expensive and had there the Dutch exporters much charge of had been
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I N D I C E S AEX
18:02 372,46 0.00% AMX
18:02 452,87 0.00% ASCX
18:02 456,44 0.00% Eurotop
100 02:00 2.443,82 1.20% BEL-20 18:00
3.071,17 0.00% FTSE 100 02:00 5.025,20 0.90%
CAC-40 07:49 4.160,25
-0,49% DAX 17:45 4.566,01
0.00% SMI 17:31 6.237,35
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Nasdaq 23:16 2.067,16
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EURO/jpy 131.7358
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Source Dutch central bank: increase 2005 falls lower from: telegraph
Head index page of Dutch central bank: increase 2005
falls lower from
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