DNB: Economy is in much worse shape than expected, hardly any growth in the coming years | Economy

The Dutch economy is in a lot worse shape than was thought earlier this year. Both this year and next year, De Nederlandsche Bank (DNB) is counting on economic stagnation, while in June the supervisor still assumed growth rates of 0.8 percent and 1.3 percent. Major setbacks in other countries affect the Netherlands as a trading country, according to the central bank’s half-yearly estimate.