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Wednesday, September 12, 2012

Dutch vote could affect how EU tackles debt crisis





The Netherlands is a founding member of the European Union and this trading nation has long been a staunch supporter of the bloc's open market, but many Dutch voters have begun questioning their role in the EU since the debt crisis erupted, feeling that their wealthy nation is paying too high a price to help bail out countries like Greece and Portugal.

The Dutch proportional representation system and splintered political landscape guarantee a coalition government and whichever party wins the most seats in the 150-seat Dutch House of Representatives will take the lead in choosing the parties to make up the next ruling coalition.

Rutte says the Netherlands faces a fundamental choice: the left's solution of spending on job-creation programs while government debt rises, or the austerity approach he has pursued with Merkel — bringing down the budget deficit while investing in roads and education to stimulate the economy.


READ THE ORIGINAL POST AT www.sfgate.com