The euro zone crisis has taken down another government.
The Netherlands’ center-right Liberal-Christian Democrat coalition this week failed to pass an aggressive austerity package that would have brought the country in line with its EU budget obligations.The government of Prime Minister Mark Rutte was pushing for additional spending cuts in the face of prolonged economic stagnation, but the cuts faced fierce public opposition. In the end the package was blocked by Geert Wilders’ far right People’s Freedom Party, whose parliamentary votes the coalition government had informally relied on.Â
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=99459