Dutch are over-performing fiscally (again) this year. Their fiscal surplus is projected by the Commission to stay at 1.5 pp of GDP this year.
Commission also forecasting a modest surplus next year. Would borrowing be off-budget?
1/3
"The Netherlands is still expected to boast a fiscal surplus in 2020 of close to 1 per cent of GDP after the measures."
Need to be convinced that the investment plan represents a real shift!
ft.com/content/d45d83…