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The Dutch cabinet is to implement a new series of measures totalling 1.5 billion euros in order to strengthen the economy, finance minister Wouter Bos has announced.
This latest stimulus package consists of government guarantees to large businesses, support for hospitals and the housing market and an export credit insurance. "We are now taking measures which affect the heart of the economy," Bos said. He said the measures are necessary, as the current credit crisis means that companies have difficulties in gaining acess to credit.
