InfoAnda - Dutch elections loom as budget talks collapse |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Training flaws exposed in Rio-Paris crash report | | 5 July 2012
Health Officials Warn Of Skin Disease Affecting School Age Children | 16 February 2010
From brutal to beloved, Simon Cowell heads to Idol farewell | | 19 May 2010

China airs worry about North Korea after talks | 24 June 2009

Forum Views () Forum Replies ()

Read more with google mobile : Dutch elections loom as budget talks collapse |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Fred Kempe Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Full Focus Photos of the week Our top photos from the past week. Full Article Images of March Follow Reuters Facebook Twitter RSS YouTube Read China military warns of confrontation over seas 10:41am EDT Search resumes in high-profile New York missing child case 11:10am EDT Analysis: Did U.S. fumble chance to peer inside China's secretive leadership? 12:33pm EDT French voters frustrated on eve of election day 4:53pm EDT Prostitute scandal challenges U.S. Secret Service's proud culture 1:47am EDT Discussed 177 Trayvon Martin’s killer showed signs of injury: neighbors 94 Scandal mars Obama’s wooing of Latin America 92 Nugent says had ”solid” meeting with Secret Service Watched Bull on bull in South Korean sport Fri, Apr 20 2012 IMF gets $400 billion commitment Fri, Apr 20 2012 Repaired A380 set for takeoff 5:06am EDT Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Weird world records From who can wear the most bees to who can unicycle the longest. Slideshow Protests in Bahrain Anti-government demonstrations continue in Bahrain. Slideshow Dutch elections loom as budget talks collapse Tweet Share this Email Print Related News World economy fragile, faces "uneasy calm:" IMF Tue, Apr 17 2012 Greece calls May 6 poll that may create stalemate Wed, Apr 11 2012 South Korea's Twitter generation may give liberals upset win Mon, Apr 9 2012 Greek suicide a potent symbol before election Thu, Apr 5 2012 UPDATE 4-Angry Spaniards strike against labour reform Thu, Mar 29 2012 Analysis & Opinion How Pete Peterson is driving the fiscal consensus IMF’s euro gloom points to right fiscal path Related Topics World » Netherlands' Prime Minister Mark Rutte holds a news conference at the end of a European Union leaders summit in Brussels March 2, 2012 . Credit: Reuters/Yves Herman By Gilbert Kreijger and Thomas Escritt THE HAGUE | Sat Apr 21, 2012 4:49pm EDT THE HAGUE (Reuters) - The Netherlands appears to be heading for early elections after budget talks in the core euro zone member collapsed on Saturday, jeopardizing its chances of meeting European deficit targets and of approving a broader fiscal responsibility pact. Prime Minister Mark Rutte, who has led a minority Liberal-Christian Democrat coalition since October 2010, will first try to reach an agreement with the opposition, including the pro-Europe Labour Party, on crucial budget cuts after his ally Geert Wilders refused to do a deal. But even if Rutte does manage to stave off an immediate budget crisis, the likelihood of elections within weeks or months has increased. The uncertainty places a question mark over whether parliament will approve a new pact on fiscal responsibility in the euro zone, seen as crucial to stave off the wider debt crisis in the region. "Elections are to be expected now. I will talk to parliament (on) how to get through this situation," Rutte told reporters on Saturday. In the Netherlands' highly fragmented political system, coalition governments are the norm because no single party can muster a majority. Rutte's Liberal Party, the largest in parliament, still has a narrow lead in the opinion polls, but both the Socialist Party, which opposes euro zone bailouts, and the pro-Europe Labour Party, which has a new leader, have grown in popularity recently. Underlining the sense of crisis, Finance Minister Jan Kees de Jager said he would return to the Netherlands immediately from Washington where he had been attending International Monetary Fund talks. De Jager, who has been an outspoken critic of the so-called "budget sinners" or euro zone peripheral members that have failed to meet budget targets, said the cabinet would try to muster a majority for its budget in parliament and that he would send details of a package of cutbacks to the European Commission as planned within days. Rutte said the cabinet would meet on Monday to decide what to do next. He could offer his cabinet's resignation to the Queen, who could either accept it or ask Rutte to seek support from opposition parties to cut the budget deficit, Maurice de Hond, head of one of the country's polling agencies, said. But many Dutch politicians and political analysts said the government should just cut its losses and call new elections sooner rather than later. "It should mean new elections," said Sweder van Wijnbergen, a professor at the University of Amsterdam. "That would be the wisest thing. They might try to carry on as a minority government, but that would just mean early elections in a few months' time rather than immediately. The ideal is to have a strong, determined government carrying out reforms, but this government has been paralysed." ESSENTIAL CUTS Uncertainty over whether the Netherlands can now push through crucial budget cuts and much-needed reforms of its labour and housing markets, as well as the prospect of elections, is likely to rattle financial markets, economists said. "This situation is very bad. We can't agree a budget, we can't restructure, neither in the short term nor in the long term. This is the worst-case scenario for the Netherlands," Jaap Koelewijn, an economist and professor of corporate finance at Nyenrode Business University, told Reuters. Rutte's Liberal-Christian Democrat coalition government and its ally, Wilders' Freedom Party, had been in talks for seven weeks, trying to reach a deal to cut about 14 to 16 billion euros from the annual budget. The cuts are seen as essential if the Netherlands is to bring its deficit back below the European Union's target of 3 percent of gross domestic product and ease concerns that it could lose its precious triple-A credit rating. Earlier this week, ratings agency Fitch warned that the Netherlands, one of just four euro countries with a coveted triple-A rating, was on the verge of a downgrade in its credit status due to high debt. "In the next few weeks, I expect that the whole political landscape will come under pressure, within and outside the Netherlands, about what needs to be done," De Hond said. "With elections in France and in Austria later this year you can count on others wanting to get off the fiscal bandwagon. Look at the position (French presidential candidate Francois) Hollande has taken," De Hond said. Rutte's government has drawn support from the left-leaning Labour Party in the past to pass legislation on euro zone issues. But he may find it harder to win support from the new Labour leader, Diederik Samsom. Samsom told public broadcaster NOS that he would be willing to work with the current cabinet on cuts and reforms for 2013, provided the government agreed to call elections within a few months and cancel some other budget cuts which had been planned. "An outgoing cabinet with elections in September is a new situation where everyone, the whole parliament, has to take responsibility for the 2013 budget," Samsom told NOS. But Samsom later told Reuters he wanted elections and saw no need to do any deal with the government. Wilders, whose party opposes immigration and euro zone bailouts, also called for elections to be held "as soon as possible." "I had hoped we would work something out, but this package is unacceptable for our party and the country," Wilders told journalists. "It's time to go to the Dutch voters." It took several months to form the current coalition after the previous government collapsed. "The fall of the government would be very worrying," said Andre Pieters, owner of a cheese shop in The Hague. "With the economy the way it is, we needed a technocratic government like we have." (Additional reporting by Anthony Deutsch; Writing by Sara Webb; Editing by Andrew Osborn) 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. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Sunday, 22 April 2012
Dutch train crash injures 125: police |
Nigerian kidnappers release Spanish doctor |
South Sudan says troops bombed during flashpoint pullout |
Dutch elections loom as budget talks collapse |
Loyalist soldiers move into Mali's rebel-held north |
Motorola CEO pay package rose to $47 million in 2011 |
Voting begins in France, economy may doom Sarkozy |
F1 teams to race while rage boils on Bahrain streets |
Chinese firm suspected in missile-linked sale to North Korea: U.S. official |
Australian parliament speaker stands aside amid lawsuit row |
Dutch train crash injures 125: police |
Fifteen killed in northern Mexican bar shootout |
China military warns of confrontation over seas |
Bee Gee Robin Gibb wakes from coma: report |
Dark Shadows TV star Jonathan Frid dies at age 87 |
Violence persists in Syria as Annan urges truce compliance |
Taylor verdict takes aim at Africa Big Man impunity |
Russian Orthodox Church rallies faithful after criticism |
Brazil's Rousseff achieves record approval: newspaper |
International Committee of Red Cross aide abducted in Yemen |
Israel cabinet OKs break-up of big conglomerates |
China's geologist premier meets unease in Iceland |
Sudan says repulses rebel attack in border state |
James Cameron eyes co-production projects in China |
Hunger Games gives up box office crown |
DJs battle with dance music dominance in U.S. pop music |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01