VNO-NCW chief warns unions and cabinet: 'We are heading down the Belgian path this way'

Coen van Oostrom, chairman of the employers' association VNO-NCW, has urged the Dutch government and labor unions to accelerate structural reforms, warning that the country is currently on an unsustainable economic path. During the start of new consultations at the Catshuis, Van Oostrom cautioned that unless the Netherlands improves efficiency and adapts its social security system, it risks facing high debt and the loss of major corporate headquarters, similar to the economic challenges seen in Belgium. He specifically highlighted that the current model, burdened by high government spending and an aging population, needs urgent restructuring.

To ensure future prosperity, Van Oostrom advocates for a focus on labor market agility and retraining to prepare for the impact of artificial intelligence. He proposed adopting lessons from countries like Denmark, where workers are guided into new roles rather than just receiving benefits. Furthermore, he noted that rising tax pressures and regulatory complexity are discouraging business investment. By shifting the focus to workforce participation and technological adaptation, he believes the Netherlands can maintain its competitiveness and avoid the stagnation currently threatening its economic landscape.