Guilder revived as Dutch make monkey out of euro

Article discusses the Dutch public’s widespread disillusionment with the euro and nostalgia for their old guilder currency.

In surveys conducted by pollster Maurice de Hond following the European Council summit in Brussels, 8-9 December 2011 summit, 50% of Dutch agreed with the statement: 'We never should have joined the euro', against 47% who disagreed.

That lack of confidence in the euro is exacerbating a worsening economic situation. On the 13 december 2011 the Dutch Central Planning Bureau (CPB) said the Netherlands’ economy was already in a recession, and that it expected gross domestic product to shrink 0.5% in 2012.

Website: CPB Netherlands Bureau for Economic Policy Analysis http://www.cpb.nl/en/

CPB: CPBs short-term forecasts December 2011: The Netherlands in a recession, December 2011 http://www.cpb.nl/en/number/cpbs-short-term-forecasts-december-2011-netherlands-recession

ESO: Background information: Dutch CEOs urge ‘political courage’ on euro http://www.europeansources.info/record/dutch-ceos-urge-political-courage-on-euro/

ESO: Background information: Dutch hurt by downturn http://www.europeansources.info/record/dutch-hurt-by-downturn/

ESO: Background information: Eurozone crisis rocks Dutch government http://www.europeansources.info/record/eurozone-crisis-rocks-dutch-government/

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