Netherlands Credit Rating DowngradeNovember 2013
The credit rating agency S&P downgraded on November 29, 2013 Netherlands credit rating by one step, from the previous perfect AAA to AA+ due to deteriorated prospects of the economic growth.
Now only three eurozone countries have a prefect AAA rating by S&P, Germany, Finland and Luxembourg.
Netherlands' 2011 DeficitFebruary 2012
According to a release by the Dutch ministry of finance preliminary data for 2011 show a budget deficit of 4.8% of the gross domestic product.
The estimate is a deterioration of 0.2% compared with the Autumn estimate, resulting inter-alia from tax revenues which were lower than expected.
Netherlands' GDP Q2 RiseAugust 2011
According to estimates by Statistics Netherlands the growth in the second quarter was only 0.1% compared to the first quarter of 2011, A substantial slow down compared to the first quarter in which the GDP rose by 0.8% compared to the preceding quarter.
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