Upbeat economic forecast for the Netherlands

The Dutch economy is set to revive in 2010, with economic growth projected to be 1½%. The economy is expected to contract by 4% in 2009, primarily due to a sharp fall in exports.

The projected growth rates for the Dutch economy in 2009 and 2010 are in line with those for the entire euro area. Upwards revisions have been made to the economic picture on nearly all fronts compared with the previous estimates, released on Budget Day (September 2009). However, the risks and uncertainties surrounding the projections remain high.

• Primary Source

Website: Netherlands Bureau for Economic Policy Analysis (CPB) http://www.cpb.nl/eng/

CPB: Press Release, No.36, 2009: CPB December Projection: The economy is reviving http://www.cpb.nl/eng/news/2009_36.html

---