2013-01-15 13:50:18 - Netherlands Business Forecast Report Q1 2013 - a new country guide report on companiesandmarkets.com
The Dutch economy is set to slow in the coming quarters as the eurozone sovereign debt crisis massively weighs on economic activity and confidence levels.
While immigration and community cohesion remain controversial issues in Dutch politics, the economy will remain centre stage over the medium term. Following parliamentary elections in September, a deteriorating economic outlook will keep the pressure on the next government, especially as the proposed public spending cuts starts to put pressure on the unemployment rate.
Major Forecast Changes
We have revised our 2012 real GDP growth estimate to -1.1% from -0.6%.
Key Risks To Outlook
Should the eurozone sovereign debt crisis take a turn for the worse in the coming months, we would expect a more pronounced contraction than currently expected to
drag on the Netherlands´ economic growth outlook.
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