Budget may boost Dutch Liberals' election prospects
Subject The Netherlands' 2017 budget. Significance In the final budget of its four-year term presented on September 20, the Dutch government announced it would redistribute a 1.1-billion-euro (1.2-billion-dollar) financial windfall among households. This represents a clear break from four years of austerity and tight spending, a line strictly set out by Prime Minister Mark Rutte's second cabinet in 2012. Impacts An upsurge in the number of incoming migrants could fuel support for the PVV. The government may not address the 'no' vote in the April 2016 referendum on the EU-Ukraine association agreement until next year. The housing market will be boosted by incentives for first-time buyers and measures to encourage home ownership.