New rules for payroll support
PHILIPSBURG – In a press release dated June 23 the Ministry of Finance has announced new rules for payroll support; they are retroactively effective per June 1. The new rules follow the recommendation by financial supervisor Cft to implement a 1:1 ratio for turnover loss versus payroll support. The new rules make the payroll support program less expensive More...
Prime Minister Silveria Jacobs sends letter to Prime Minister Mark Rutte
PHILIPSBURG -– On June 16th, 2020, State Secretary Knops held and chaired a meeting regarding several urgent matters, including the conditions for further liquidity support from the Kingdom Council. Prime Minister More...
Payroll-distribution system ignores Cft-advice
PHILIPSBURG – The government – and government-owned companies in its wake – is playing with fire and is putting continued financial assistance from the Netherlands at risk by not following an advice from More...
Many businesses allowed to reopen; adjusted curfew remains in place
PHILIPSBURG – The local economy is coming back to life with a bang after Prime Minister Silveria Jacobs allowed the reopening of most businesses per May 30 with the publication of the “regulation of May 29, More...
PM Jacobs: “Unions should be more reasonable”
PHILIPSBURG – The government’s decision to accept the kingdom’s conditions for liquidity support is not going down well with civil servant and their unions. That much is clear from the meeting the unions More...
No protection for civil servants against lower salaries
PHILIPSBURG – Now that the government has accepted the Kingdom’s conditions for liquidity support, the salaries of civil servants and politicians are up for review: a 25 percent cut in the remuneration of politicians More...
Collective lowering of salaries is not that simple
By Hilbert Haar PHILIPSBURG – The kingdom’s demand that the government lowers the salaries of civil servants by 12.5 percent (as a condition for providing liquidity support) promises to result in a heated debate. More...
State of emergency continues but businesses gradually reopen
PHILIPSBURG – Prime Minister Silveria Jacobs has extended the state of emergency by six weeks by ministerial decree. The six week period ends on June 21. Citizens are allowed to go shopping only on weekdays between More...
Brutal package of conditions leaves government little choice
PHILIPSBURG – The Kingdom Council of Ministers had presented a brutal package of conditions for the release of continued liquidity support. Prime Minister Silveria Jacobs has labeled these conditions as an ‘indecent More...
Elshot: government wants to cut vacation allowance for civil servants
PHILIPSBURG – Cutting the vacation allowance for all civil servants who earn more than 4,000 guilders a month, a ten percent salary cut for those who earn more than 8,000 guilders, a freeze on bonuses and increments. More...
