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The Netherlands turns the page on frugality

2022-01-03T17:06:44.608Z


DECRYPTION - The arrival of a centrist pro-Europe in Finance bodes well for Emmanuel Macron's projects.


When the twenty-seven European countries negotiated in July 2020 the historic post-Covid recovery plan to 750 billion euros, the resistance of Dutch Prime Minister Mark Rutte, at the head of a handful of “frugal” states, had dragged the negotiations on a razor's edge for four days and four nights.

The rejection of the principle of pooled debt for the benefit of States more affected by the crisis had been hard to overcome.

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Netherlands: Mark Rutte leaves for a fourth term

A pandemic and an election later, here is the same Mark Rutte at the head of a coalition with an ambitious program both in terms of public spending and European cooperation.

A change of tone embodied by the appointment as Minister of Finance of Sigrid Kaag, leader of the centrist pro-European Democrats 66 (D66) party, an ally of En Marche!

within the Renew group in the Strasbourg Parliament, which has become the second Dutch political force behind Rutte's VVD.

A stark contrast to the champion of budgetary orthodoxy Wopke Hoekstra, who…

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Source: lefigaro

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