Dutch Economy Emerging From Two-Year Recession - WSJ.com - 1 views
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he Dutch economy is emerging from a two-year long recession
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The country's gross domestic product will expand by 0.75% in 2014, slightly higher than a previous forecast of 0.5% growth
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The economy will grow by 1.25% in 2015, it added
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This article discusses how the Netherlands are finally picking up after a 2 year long recession. One of the main problems during the recession was that the Dutch citizens became afraid to spend money because they were unsure of their financial state in the near future. This caused a sort of glitch in the macroeconomic cycle of Holland, because people stopped spending and the companies stopped making as much income, therefore people got fired, and the cycle continues on. The economy in Holland is finally picking up and the GDP is said to rise by 0.75% this year.