Netherlands

Number 11-2010

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Netherlands (11) -- News -- 2010

ING Group - on profit

13.05.2010

The biggest financial company in Netherlands - ING Group - made a 1,33 billion euro profit for the first quarter of 2010. The next aim of the company is to separate the banking and the insurance in order to form two strong independent companies.

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Netherlands (11) -- Analyses -- 2010

Dutch Government Collapses Over Afghanistan Mission

20.02.2010

The Dutch coalition government has collapsed amid a political row over whether to extend the country's military mission in Afghanistan. Prime Minister Jan Peter Balkenende was due to submit his government's resignation to Queen Beatrix later Saturday, leaving the future of its 1,600 soldiers stationed there uncertain.
After marathon talks that lasted till dawn Saturday, a visibly upset Dutch Prime Minister Jan Peter Balkenende announced there was in his words not enough trust to continue his three-party alliance, amid a row over the future of his country's military mission in southern Afghanistan.
The left-leaning Labor Party leaves the government because it wants the Netherlands to adhere to a scheduled military withdrawal of the bulk of its 1,600 troops from the Afghan province of Uruzgan by the end of August, 2010 despite a request from the North Atlantic Treaty Organization (NATO) to stay longer.
Mr. Balkenende told reporters he would offer the resignation of the current cabinet to the Dutch ceremonial head of state, Queen Beatrix. He says that he will offer the resignation of the ministers because there is "unfortunately no way forwards" for the coalition between his Christian Democrats and junior partners, the Labor Party and the Christian Union. He makes clear that Labor Party statements about Afghanistan have not only put the coalition under pressure but also what he calls "the care due" to Dutch men and women in Afghanistan and "the relationship with NATO partners."

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