Dutch Face Elections As Rutte Seeks Majority for Measures
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Dutch Prime Minister Mark Rutte will try to build support among opposition lawmakers for further austerity measures aimed at shielding the Netherlands from the debt crisis after he pulled the plug on his minority government.
Rutte is due to speak during a debate in parliament in the Hague at 2 p.m. today, less than 24 hours after he tendered his Cabinet’s resignation to Queen Beatrix in a bid to break a budget deadlock over additional cuts of at least 9.5 billion euros ($12.5 billion) needed to satisfy European deficit limits.