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"The time for negotiations is over, " said Jan Kees de Jager, the Dutch finance minister.
WSJ: Icelanders Reject Deal to Repay U.K., Netherlands
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The UK said it was "disappointed" by the "no" vote, while the Dutch finance minister said the time for negotiations was "over".
BBC: UK and Netherlands to sue Iceland over lost deposits
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The new Dutch Finance Minister, Jeroen Dijsselbloem, who was elected the new chair of the Eurogroup of eurozone finance ministers on Monday, is supportive of the measure.
BBC: Financial transactions tax in Europe given go-ahead
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Meetings among euro-zone finance ministers are presided over by Jeroem Dijsselbloem, the new Dutch finance minister.
WSJ: Cyprus Deal Hurts Credibility All Around
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"We are a week further and substantial damage has been inflicted on the Cypriot economy, " said Dutch Deputy Finance Minister Frans Weekers as he arrived in Brussels.
WSJ: Cyprus Gets New Bailout Deal
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Dutch finance minister Jeroen Dijsselbloem, the current head of the Eurogroup, held a formal, on-the-record joint interview with Reuters and the FT today, saying that the messy and chaotic Cyprus solution is a model for future bailouts.
FORBES: Europe Reels In Shock As Politician Tells The Truth
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Arriving at the meeting of Euro Group finance ministers Monday, Dutch Finance Minister Jan Kees de Jager made it clear his government has much to contribute.
WSJ: Odds Stacked Against Latest EU Pact
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Dutch Finance Minister Jeroen Dijsselbloem - who chairs the Eurogroup of finance ministers - said the rescue represented a new template for dealing with bank crises in the eurozone, with uninsured depositors bearing some of the cost.
BBC: Cyprus defends bailout deal amid recession fears
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Speaking after a cabinet meeting on Monday morning involving Mr Rutte's liberal VVD and the Christian Democrats (CDA), Finance Minister Jan Kees de Jager said they would "show the financial market and Dutch people that we can also put forward a solid financial policy".
BBC: Dutch government falls in budget crisis
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Stocks retreated after reports that Dutch Finance Minister Jeroen Dijsselbloem, could usher in a new template for resolving future bank problems in the euro zone.
WSJ: Early Stock Gains Fizzle