the Netherlands

News

Netherlands Bank SNS Reaal Nationalized

After receiving a bailout of €750 million in 2008, SNS Reaal was thought to be profitable but its capital limits left it below legal solvency amounts, forcing the Dutch state to take a stake in the troubled financial concern.   The Netherlands’ Finance Minister Jeroen Dijsselbloem said the move was to insure financial stability, especially after […]

Read More
News

Queen Beatrix of the Netherlands Abdicates in Favor of Her Son, Prince Willem-Alexander

The Netherlands’ long-reigning monarch Queen Beatrix announced in a television broadcast that she would be abdicating the throne in favor of her son, Prince Willem-Alexander.   The queen announced she would leave the throne on April 30, transitioning the  crown to her son because she said he was ready to rule and it was time […]

Read More