As the German Council of Economic Experts explains in its latest annual report, public debt in 2060 would total around 247 per cent of aggregate output unless changes were made to the status quo.
And when slavery was abolished, DNB paid compensation to plantation owners on the instruction of the Ministry of Colonies, including to board members of De Nederlandsche Bank. On behalf of De Nederlandsche Bank, the current Executive Board today apologises for these reprehensible facts.