Dutch Premier Says Sanctions Should Be as Automatic as Possible

Dutch Prime Minister Mark Rutte said sanctions against countries that break European Union fiscal rules should be as automatic as possible.

“We need to do everything to ensure sanctions that are as automatic as possible for countries that are not meeting agreements,” Rutte told reporters in Brussels today before a meeting of EU leaders.

“At the same time we need to make sure that countries that run into trouble come up with a credible program to address the problems,” he said. “And we also have to be prepared to help them.”

Rutte said it’s essential to hold together the 27-nation EU. “It’s not only a union of the 17 euro states,” he said. “It is very important for the Netherlands, which is growth oriented and thinks it’s important there are jobs, that we keep countries like the U.K., Sweden, Poland and the Baltic states on board.”

To contact the reporter on this story: Jurjen van de Pol in Brussels at jvandepol@bloomberg.net

To contact the editor responsible for this story: James Ludden at jludden@bloomberg.net

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