The Euro Debt and Economic crisis continues to bobble along as political fissures continue to develop. The latest is the political vacuum in the Netherlands. This is significant because of the Netherlands being one of a few European nations left with the AAA rating.
The Dutch government collapsed on the weekend in a row over budget cuts that are needed to meet strict EU limits. Netherlands will hold elections on September 12,
Current state of the Dutch parties and the economy:
Prime Minister Mark Rutte's Liberal Party (VVD) had formed a right-leaning coalition with the Christian Democrats
(CDA) in October 2010.
The various seats distributed in the 150 seat House of Representatives as follows
People's Party for Freedom and Democracy (VVD) 31
Labour party (PVDA) 30
Freedom party (PVV) 23
Christian Democratic Appeal (CDA) 21
Socialist Party (SP) 15
Democrats 66 (D66) 10
Green Left 10
Christian Union 5
Party for the Animals 2
Reformed Political Party (SGP) 2
Brinkman (ex PVV member) 1
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