World The Netherlands will invest up to 7 billion euros in renewable
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Netherlands-Economics-Budget: the Netherlands will invest up to 7 billion euros in renewable
by Bart H. Meijer
Amsterdam (Reuters) - The Netherlands announced Tuesday their intention to spend up to 7 billion euros To accelerate their development in renewable energies in the coming year, while the Dutch economy has strongly rebounded after the health crisis related to the Pandemic of Covid-19.
The Dutch Government Budget Draft for 2022 provides grants to finance renewable energy projects and other climate change measures.
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The Netherlands has been without a government since the last March legislative elections. Negotiations to form a coalition are continuing and the current firm is responsible for shipping current affairs, which has not been prejudicial to the Dutch economy, which has rebound more strongly than some of its neighbors over the last month.
The fifth euro area economy is expected to grow 3.9% this year and 3.5% next year after a record contraction of nearly 4% in 2020 due to the CVIV-19 pandemic .
Marieke Blom, Chief Economist of Ing, believes that the Dutch economy goes much better than expected, but that political instability poses risks for the future.
"Pressing problems, such as long-term climate policies, pensions, labor market and housing reforms have not been addressed for more than a year now," she said.
"This creates uncertainty because companies eager to invest in cleaner production technologies and hiring staff do not know what to expect."
(Bart Meijer Report, French version Anait Miridzhanian, edited by Jean-Stéphane Brush)
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