Dutch Coalition, Opposition Agree on Austerity Package

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Dutch Finance Minister Jeroen Dijsselbloem reached an agreement with opposition parties for a 6 billion-euro ($8.1 billion) austerity package for 2014.

“I am satisfied that the budget will be firm now,” Dijsselbloem told reporters in The Hague late today. “This offers a lot of security for people who questioned what was going to happen” and allows the Netherlands to meet its European budget agreements, he said.