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Wednesday, 25 April 2012 - Dutch call Sept vote, leaving months of uncertainty |
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See the best of Reuters photography.  See more | Photo caption  Inside North Korea Rare scenes from within the reclusive state.  Slideshow  Olympic pub crawl A look at the many traditional east end pubs that are situated within a mile of the Olympic Park where the 2012 Olympic Games will take place this summer.  Slideshow  Dutch call Sept vote, leaving months of uncertainty Tweet Share this Email Print Related News Housing data, Dutch debt sale boost euro Tue, Apr 24 2012 Dutch crisis deepens as opposition rejects austerity Tue, Apr 24 2012 Europe growth fears sink euro, global stocks Mon, Apr 23 2012 Euro slammed by poor data, European political risks Mon, Apr 23 2012 Dutch Prime Minister resigns in budget cuts row Mon, Apr 23 2012 Analysis & Opinion Europe goes to extremes Research Radar: Beyond Hollande and Holland… Related Topics World » Dutch Prime Minister Mark Rutte arrives at the Huis ten Bosch Royal Palace in The Hague April 23, 2012. Credit: Reuters/Michael Kooren By Sara Webb AMSTERDAM | Wed Apr 25, 2012 4:09am EDT AMSTERDAM (Reuters) - Dutch Queen Beatrix has asked for parliament to be dissolved so that elections can be held on September 12, leaving the country open to months of political and economic uncertainty after the government collapsed in a row over budget cuts. The triple-A rated Netherlands has been one of the euro zone's most stable countries but has been plunged into a political crisis, worrying financial markets focused on the region's debt troubles. "The euro zone fiscal compact will lose what remains of its credibility if even one of the AAA members is politically unable to implement the austerity measures required to adhere to this rule," Rabobank said in a research note. After losing his main ally, care-taker Prime Minister Mark Rutte is desperately trying to find support from opposition parties for budget cuts to put the country on track to meet the European Union's deficit targets. The largest opposition parties on Tuesday refused to back his 14 to 16 billion euros package of cuts, and now he has less than a week to win support from smaller parties so he can present his plans to the EU by April 30. With doubts growing across Europe about the price of austerity, parties to Rutte's left said trying to meet the EU's deficit target of 3 percent of gross domestic product in 2013 would hurt the economy and the Dutch people. A statement issued by the prime minister's office said the Queen of the caretaker government requested the dissolution of the House of Representatives, to allow elections to go ahead on September 12. Rutte's centre-right government tendered its resignation on Monday after only 18 months in power and the elections will be the fifth in ten years. Rutte's two-party coalition had relied on the Freedom Party - headed by Geert Wilders, the eurosceptic, anti-Islam politician - to get legislation through parliament, even though the Freedom Party remained outside the government. But Wilders withdrew that support at the weekend after seven weeks of negotiations on the extra budget cuts, without which the deficit is forecast to reach 4.6 percent of GDP next year. (Editing by Anna Willard) World Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. 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