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“The Dutch government has called on pension funds, insurers and banks to help relaunch the economy which is still not moving,” reveals De Volkskrant.
The Dutch daily reports that in camera discussions with financial institutions, whose combined capital amounts to €900bn, began last year. To date, there have been four round tables on mortgages, SMEs, the health system and the construction and infrastructure sector.
According to the newespaper, an important point in the discussions was the definition of the type of guarantee that the state could provide in exchange for the loans it is seeking. Faced with continued recession, the Netherlands needs an additional €6bn to complete its budget for 2014.
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