The new Dutch coalition government that took office in November consists of two parties who had been bitter foes for a decade: the conservative VVD party under Rutte, together with the leftist Labor party. Their governing pact was designed to put the Netherlands on firmer financial footing by combining, for instance, the spending cuts on welfare desired by the conservatives with the tax increases on homeowners desired by Labor.It's as if the Republicans and Democrats had sat down together in Washington, hashed out their differences, and adopted the bulk of recommendations for long-term budget reform in America.
Compromise Helps Dutch Stay Afloat In Crisis
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