The Netherlands is 'spending tremendously,' minister says as pressure builds to boost growth

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The Netherlands is 'spending tremendously,' minister says as pressure builds to boost growth
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The Netherlands and Germany are facing increasing pressure to spend more money to boost economic growth.

Dutch Finance Minister Wopke Hoekstra told CNBC that the government has been "spending tremendously" in recent years.

Asked by CNBC whether the Netherlands should boost public spending, Dutch Finance Minister Wopke Hoekstra said the government has already done so. Richer, northern European countries like Germany and the Netherlands have been facing increasing calls to boost public spending in order to boost the wider European economy.

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