resented by the Dutch government on March 25 (see our dispatch No. 090335) came with a wide social agreement which the social partners negotiated at length. Its key measure is the increase of retirement age from 65 to 67. It also tackles “wage moderation” – wages shouldn’t increase more than inflation until 2012. (Ref. 090427)
The social
agreement also revises working time reduction (Arbeidstijdverkorting,
ATV), hastily introduced in November to cope with the crisis. On April 1, it
was...