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Commission approves measure allowing the creation of a new development finance institution in the Netherlands

Commission approves measure allowing the creation of a new development finance institution in the Netherlands

| June 1, 2020

The European Commission has approved, under EU state aid rules, Dutch plans to set up a new development finance institution named “Invest International”. Invest International will be set up as a joint venture between the Dutch State and the existing Dutch development finance institution FMO. The Dutch State would grant start-up capital of up to […]

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Commission approves compensation for early closure of coal fired power plant in the Netherlands

Commission approves compensation for early closure of coal fired power plant in the Netherlands

| May 13, 2020

The European Commission has concluded that the compensation of €52.5 million granted to coal-fired power plant Hemweg (pictured) by the Netherlands for the early closure imposed on the plant is in line with EU state aid rules. The measure will contribute to reducing CO2 without unduly distorting competition in the EU’s Single Market. On 11 December […]

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Dutch to begin easing #Coronavirus lockdown measures next week, government says

Dutch to begin easing #Coronavirus lockdown measures next week, government says

| May 7, 2020

The Netherlands has joined several European countries in announcing the easing of its coronavirus lockdown, outlining a four-month plan to phase out social restrictions if the virus remains under control, write Anthony Deutsch and Toby Sterling. The lifting of measures will begin next week and will be expanded in stages through 1 September, Dutch Prime […]

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EU countries lose €27 billion in tax revenues to the UK, Luxembourg, the Netherlands and Switzerland

EU countries lose €27 billion in tax revenues to the UK, Luxembourg, the Netherlands and Switzerland

| April 30, 2020

The Tax Justice Network (TJN) have just released a report showing that EU member states are losing around €27 billion in tax revenues to what it describes as an ‘axis of avoidance’ due to profit shifting into the Netherlands, Luxembourg (EU members), the UK and its network of dependent territories (EU transitional) and Switzerland (EFTA […]

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#Coronavirus – EU coordinates assistance to alleviate stock shortages on Dutch Caribbean islands

#Coronavirus – EU coordinates assistance to alleviate stock shortages on Dutch Caribbean islands

| April 26, 2020

Following a request for assistance via the EU Civil Protection Mechanism in the fight against the coronavirus pandemic, the EU is co-ordinating the delivery of assistance to six Dutch Caribbean Islands. Crisis Management Commissioner Janez Lenarčič said: “The coronavirus pandemic has affected the whole of Europe and beyond. Thanks to the offer from the Netherlands, […]

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Commission approves Dutch guarantee scheme of up to €10 billion to support the economy in context of #Coronavirus outbreak

Commission approves Dutch guarantee scheme of up to €10 billion to support the economy in context of #Coronavirus outbreak

| April 24, 2020

The European Commission has approved a Dutch loan guarantee scheme of up to €10 billion to support the Dutch economy in the context of the coronavirus outbreak. The scheme was approved under the state aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020. In order to address companies’ liquidity […]

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#Coronavirus – ‘Do we act together, or do we act alone?’ Paul Tang MEP

#Coronavirus – ‘Do we act together, or do we act alone?’ Paul Tang MEP

| March 23, 2020

EU Reporter spoke to Paul Tang MEP (S&D, NL) about the Dutch response to coronavirus. In the Netherlands there has been a voluntary lockdown, bars and restaurants are closed down and people are encouraged to stay at home though parks are busy, especially in the spring sunshine. Tang speculated that the Netherlands might have to […]

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