The Global Daily is a publication of a Dutch bank, but it rarely discusses Dutch politics. Historically, the Netherlands is known for its financial stability and ‘ poldermodel’ decision-making, so financial markets often have better things to focus on. However, the opportunistic manner in which Prime Minister Rutte pulled the plug on his fourth ( and final ) cabinet did grab international attention, as it caught his coalition partners completely off guard. They are expected to respond in kind: a vote of no confidence in the Prime Minister – initiated by opposition parties – is expected to be submitted today. The goal is to appoint a technocrat as caretaker until a snap election can be held in November. The collapse means that no ‘controversial’ decisions can be taken until there is a new government and that the status quo will be […]
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