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April 26, 2012

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Queen calls Dutch polls for Sept 12

THE Dutch queen has called for national elections on September 12, leaving the country with only a caretaker government for more than four months as it struggles to bring its budget deficit within European Union-mandated limits.

Prime Minister Mark Rutte and his 18-month-old government resigned on Monday after failing to agree big cuts to rein in government spending.

Caretaker Finance Minister Jan Kees de Jager was reportedly meeting with leaders of all political parties yesterday in a bid to find common ground on cuts ahead of a debate today on the government's finances.

The government, along with all other EU nations, has until the end of the month to submit a draft 2013 budget and plan of economic reforms to Brussels as part of the EU's fiscal surveillance of member states.

Rutte, one of the most vocal critics of countries not sticking to EU budget rules, faces a near impossible task of getting the Dutch deficit down to 3 percent of GDP next year.





 

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