Netherlands recorded an economic growth of 2% in 2011, slightly above the 1.5% forecast for this year, was announced today by Economic Planning Office (CPB) of the Government.
This improvement in growth will reduce the public deficit from 6.1% of GDP in 2010 to 4.7% next year.
In contrast, employment is expected to remain stable, which means that economic improvement will not result in a reduction in unemployment, while Holland-with unemployment at 4% last December is one of the EU countries least affected by this problem.
The forecast presented today the CPB are provisional and final figures are released in March
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