Dutch Freedom Party Wants Euro Exit Referendum, Telegraaf Says

The Dutch Freedom party wants voters in the Netherlands to decide in a referendum whether the country should return to the guilder, De Telegraaf reported today, citing an interview with party leader Geert Wilders.

Leaving the euro will cost money, especially the first year, after which loss will be recovered in 2014, the newspaper cited Wilders as saying. Wilders added that this at least warrants a referendum, De Telegraaf reported.

The Freedom Party hired Lombard Street Research to investigate the cost of maintaining the Euro zone and alternative scenarios if countries elect to leave, according to a statement by London-based FTI Consulting. The report will be presented in The Hague on March 5.

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