The Netherlands is gradually emerging from a protracted double-dip recession, but challenges remain to return to sustainable growth. Structural reforms are needed to facilitate gradual banks’ and households’ balance sheet restructuring and to enhance the dynamism of SMEs.
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Raising euro area economic performance requires cleaning up bank balance sheets, completing banking union to foster unbiased risk assessment, further structural reforms and strong fiscal policy frameworks.
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Low productivity growth in the EU has deep structural causes. Strengthening human capital, work incentives and competition, and better integrating the Single Market would boost inclusive growth
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