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 MoreThe 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 […]
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