Dutch Cabinet to Convene on Crisis Talks

Negotiations on budget cuts, and national austerity are the topics that Mark Rutte, the Dutch prime minister will discuss. The Netherlands has a future public deficit of 5 percent of gross domestic product that requires major cuts of the public sectors. European Union commissioner Olli Rehn urged the Dutch Government to maintain efforts to find the cuts sought for the austerity of Netherlands; $21 billion in budget cuts.
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