Dutch central bank sees output back to pre-crisis levels in '15

Amsterdam

THE Dutch central bank revised up its economic growth forecasts for the coming years, saying in an outlook published on Monday that output would recover to pre-crisis levels in real terms by the end of this year.

While exports remain the most important growth driver, De Nederlandsche Bank said that domestic consumption would grow substantially this year for the first time since the 2008 credit crisis plunged the Netherlands into years of recession and sluggish growth.