Recession: Dutch economy shows worst ever contraction

In the second quarter of this year, the Dutch economy shrank by 8.5 percent compared to the previous quarter and a massive 9.5 percent compared to the second quarter of 2019, Statistics Netherlands (CBS) reported on Friday based on its first calculations. "Such a contraction has never been measured by CBS before," the stats office said.Submitted by Janene Pieters on Friday, 14 August 2020 - 09:45 https://nltimes.nl/2020/08/14/recession-dutch-economy-shows-worst-ever-contraction