Two out of three companies taking measures to withstand economic recession

Nearly 70 of companies in the Netherlands report having taken measures to survive the effects of the economic recession. Just over 20 percent say they have dismissed temporary staff. Only 2 percent mention having reduced working hours. One quarter of companies are taking other measures such as cutting back costs. One in three companies say they have not yet taken any measures. Larger companies take more measures than smaller ones.

Measures to withstand the economic recession

One in five companies have problems getting credit

Twenty percent of Dutch companies are finding it harder to borrow money from the bank. Another 20 percent are suffering from other financial effects of the credit crisis such as problems with insurance against the risk of non-paying customers (accounts receivable insurance). Three out of five companies say they are not experiencing any effects of the credit crisis at all.

Effects of credit crisis experienced by companies

Lonneke de Leeuw, Sidney Vergouw