Government Spending: Prime Minister Mark Rutte

Gross Domestic Product Dept: According to draft Central Plan Bureau calculations, the deficit is currently at 4.5 per cent of gross domestic product the broadest measure of a country's economic output and will remain there next year if the government does not further rein in spending, according to Winnipeg Free Press. "These are tough numbers, but this is the new reality," Rutte said in a statement and tHE HAGUE, Netherlands - The Dutch government's budget deficit will bust European Union targets imposed to keep the region's economy under control, a government think-tank said Thursday, setting the stage for make-or-break negotiations between parties in the ruling coalition on how to cut government spending further. The leaders of coalition parties will meet next week at Prime Minister Mark Rutte's official mansion to hammer out a package of extra budget cuts to bring down the deficit to the EU-mandated level of 3 per cent of GDP. (www.immigrantscanada.com). As reported in the news.