Netherlands

Blackmailers offer memory stick to Dutch military for sale

Amsterdam  - Dutch police have arrested two blackmailers who are suspected of trying to sell a USB memory stick with sensitive information that had gone missing back to the military, the Defence Ministry confirmed Wednesday.

Officers from the national police force (KM) seized the two men as they turned up for the scheduled handover of money, the ministry said.

The two men, aged 28 and 29, had threatened to hand the electronic data over to the press if the military did not pay them, De Telegraaf newspaper reported.

The memory stick is believed to have contained information about cargo flights to Dutch troops in Afghanistan.

The men, who now face charges of blackmail and fraud, found the memory stick at a car wash.

Schiphol Group, Aeroports de Paris sign cooperation agreement

Schiphol GroupAmsterdam - The Dutch Schiphol Group and French aviation company Aeroports de Paris (ADP) have signed a cooperation agreement, which includes cross-investment of 8 per cent, the parties announced on Tuesday.

Schiphol is investing 530 million euros (711 million dollars) in ADP while ADP is investing 370 million euros in Schiphol. The top managers of the two companies will take seats on each others' managing boards.

Schiphol, which operates Amsterdam's Schiphol airport, said the cooperation will strengthen the position of both companies.

Convicted Lockerbie bomber Al-Megrahi terminally ill

Amsterdam - Abdelbaset Ali Mohmed al-Megrahi, who was convicted for the so-called Lockerbie disaster, is terminally ill with cancer and expected to die within "weeks or months," a Dutch documentary filmmaker told Deutsche Presse-Agentur dpa early Tuesday.

Libyan former intelligence agent al-Megrahi, 56, was sentenced for life imprisonment in 2001 for the bombing of Pan Am Flight 103 in 1988.

A terrorist bomb on board the aircraft brought the plane down over the Scottish town of Lockerbie, killing some 270 people.

The Dutch documentary maker says he was given the information about al-Megrahi by "reliable sources close to a Libyan delegation."

Shares government-aided banks lead rise in Dutch shares

Amsterdam - The Amsterdam bourse jumped 3.68 per cent Monday boosted by soaring banking stocks with ING Group's shares charging ahead by almost 20 per cent after the government threw the insurance and banking house a financial lifeline over the weekend.

By early afternoon trading, the bourse's main index stood at 261.55 points with shares in financial houses backed by the government's financial support plan helping to power the exchange.

Indeed, just one day after the government announced a capital injection of euro 10 billion euros (13.4 billion dollars) for ING, the bank's shares jumped by more than 8 per cent to stand at 8.66 euros. Shares in the Fortis financial house also raced ahead by about 14 per cent.

Dutch ING Group receives 10 billion from government support fund

Dutch economy may shrink in 2009, Dutch central bank head says

Amsterdam (dpa) - The Dutch economy will not grow, and may even shrink
in 2009, the director of the Dutch central bank DNB told journalists on
Friday.

"Depending on the level and speed of economic recovery, we will
have to assume a zero growth rate for 2009 or, possibly, a slight
minus," said Henk Brouwer, adding that he also expects limited growth
for 2010.

"The effects of the credit crisis on the real economy are now becoming visible," Brouwer said.

He added that continued problems in real estate markets in the US, Britain and Spain would have an impact on the Dutch economy.

Brouwer also said that the restructuring of the financial sector

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