Despite the recent respite in the euro crisis, the economic situation in the European Union is still far from certain. All European countries, including the UK and the Netherlands, are faced with strong economic headwinds. This has led to a resurgence of the debate between austerity measures and the need to promote growth and jobs. The question of how quickly to tackle the deficit tops the agenda in Westminster and may very well be central to the upcoming Dutch elections, now set for September. Meanwhile, political developments in other Eurozone countries feed into discussions on the recently signed “fiscal compact”, from which the UK chose to opt out.
Against this backdrop, the UK and the Netherlands have continued to make the case for promoting growth and jobs in Europe. Sharing a long tradition as trading nations, both countries call for the need to create a business-friendly climate, strengthen the single market and expand trade with other countries and regions. The British and the Dutch have been equally vocal in arguing for a modest and modernised European budget (“multi-annual financial framework”) that would better reflect current fiscal realities and economic challenges.
Business for New Europe and the Embassy of the Kingdom of the Netherlands in London will therefore host a very timely discussion on these topics to mark the visit of Ben Knapen, Dutch Minister for European Affairs and International Cooperation, to London on 15 May. His Excellency, the Ambassador of the Kingdom of the Netherlands, Pim Waldeck, and the Chairman of Business for New Europe, Roland Rudd, are delighted to invite you to this seminar which will focus on Anglo-Dutch cooperation in a changing Europe.
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