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DNB's president: the Netherlands will benefit from a strong Eu crisis'

the Netherlands, and is on the road to recovery from the economic crisis, which is caused by the coronapandemie highly dependent on how it is in other countries

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DNB's president: the Netherlands will benefit from a strong Eu crisis'

the Netherlands, and is on the road to recovery from the economic crisis, which is caused by the coronapandemie highly dependent on how it is in other countries. In particular, the situation in other European countries. "The netherlands is benefiting from a strong European response to this crisis," said DNB president Klaas Knot on Wednesday in the house of representatives, where he gave a talk on the coronacrisis.

At that, the European approach is to hear, according to Box-a package of measures to provide the necessary financial support. "How is it that instrumentation it should look like this, it is a political choice." Within Europe, there is already a long time of discussion about what form could be given to providing financial support for the countries that will be hard for the coronacrisis to be hurt.

the Knot, let the choice be explicitly political, but it is emphasized, however, that there is something that needs to be done. "It's important that it's there, because it contributes to the economic and financial stability in the Netherlands.

in order To further the economic damage, it is important to have the virus under control. "New lockdowns would have a great economic impact", warned the governor of the central bank. On Monday, The Dutch central Bank in its economic forecasts for the second half of the year.

Therein, he warned, DNB and a deep economic crisis, with a decline of as much as 6.4 percent. The central bank believes that the role of government is not to hand the purse strings to help resolve the crisis, and not too fast, the belt will need to be improved.

It may be that the financial sector has an important role to play by lending has to continue to give "to solvent firms and households, and the rehabilitation fund". The main difference between this and the previous crisis, the credit crunch, is that the reason behind this is just lag in the financial services industry. "As far as the economic damage is just increased," said Bundle.

you can Follow the latest developments of the virus in our liveblog.

The corona virus, in short, The corona virus is spread mainly through feedback and hoestdruppeltjes. The majority of these patients have mild (flu-like) symptoms. These are the symptoms. Read here to find out what the rules are there to make the time limit. These measures will also be translated into Arabic, English, Portuguese, Spanish, and Turkish. In our coronagids, we will give you a list of all the reliable information, and what you will need, and you can do it now, you are far from home.

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