Economy of the Netherlands

By Corina Ruhe

After months of pressuring Greek politicians, Dutch Finance Minister Jeroen Dijsselbloem was under scrutiny himself Thursday over his handling of state-owned lender ABN Amro Group NV.

Turkey’s banking watchdog has granted an operation license to the Dutch Rabobank group, paving the way for the lender’s entrance into the Turkish banking sector.

The Banking Regulation and Supervision Agency (BDDK) has permitted the Rabobank group to establish a deposit bank, according to a decision published in the Official Gazette on Sept. 9.

Corina Ruhe & Maud van Gaal

Russia’s ban on imports of western food could cost the European Union an annual 6.7 billion euros ($9 billion) in lost production, according to ING Groep NV.

ABN AMRO is pumping billions of dollars into its shipping finance business as the sector looks to recovery – just as European rivals cut their exposure due to tougher capital constraints, the Dutch state bank’s head of shipping said.

ABN AMRO has tripled its ship finance portfolio to around $7-8 billion from $2.5 billion in 2009-2010, Gust Biesbroeck told Reuters.

BELGRADE - Representatives of employers and trade unions backed at Friday's session of the Social-Economic Council the measures of Prime Minister Aleksandar Vucic's government aimed at getting the country out of the economic crisis.

It was agreed that Vucic be appointed to the Council, replacing Minister of State Administration and Local Self-Government Kori Udovicki.