Dutch economy shrank by 3.8% last year, worst result since World War II

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(The Dutch News)

The Dutch economy shrank by 3.8% last year, the biggest contraction since World War II, national statistics agency CBS said on Monday. In addition, 57,000 jobs were lost – also one of the highest totals since the war, the CBS said.

However, fewer jobs have gone than could have been expected, thanks to government support measures, CBS chief economist Peter Hein van Mulligen told an online press conference. 

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