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News Link • European Union

Netherlands Expected to Press Ahead on Austerity Cuts

 BRUSSELS — As one of the last few euro members with an untarnished credit rating on the line, the Dutch government indicated Sunday that it would press ahead with efforts to pass an austerity budget, even as the country looked like it would be the latest to be forced into early elections by Europe’s debt crisis.
Weeks of budget talks collapsed over the weekend when a government ally, the far-right Freedom Party of Geert Wilders, refused to support the additional cuts needed to bring the deficit in line with European Union rules. The walkout by Mr. Wilders has led Prime Minister Mark Rutte to announce the new elections were likely, and Mr. Rutte has called a meeting of the two parties in his minority government for Monday, after which he is expected to tender his resignation to the queen.

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