Trade wars and Brexit a ‘profit warning’, Dutch king says in budget speech
The economy is strong but vulnerable, prompting Mark Rutte's government to set up national investment fund
17 September 2019 - 21:32
Amsterdam – The Netherlands' King Willem-Alexander said on Tuesday that US trade wars and the threat of Brexit were acting as a "profit warning" for the economy and the government intended to increase investments to protect its future.
He addressed parliament as Prime Minister Mark Rutte's frugal government was set to release details of how it would loosen the purse strings in its 2020 budget. Plans include a national investment fund to take advantage of its ability to borrow at negative rates...
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