Netherlands

Mitsubishi offers fuel-saving Colt models

Mitsubishi offers fuel-saving Colt modelsBorn, Netherlands  - Mitsubishi is reducing the Colt model range's fuel consumption with several measures including start-stop technology and roll-resistance tyres, the Japanese car maker has announced.

Start-stop technology would be fitted to the 1.1 and 1.3 litre petrol models on the European market as part of "Clear Tec" measures that reduces consumption of the 1.1-litre model to 4.9 litres per 100 kilometres. This translates to an emission figure of 115 grammes per kilometre. The 1.3-litre model consumption is down to 5.1 litres (119 g/km).

Iran offers cautious opening to US on Afghanistan

Iran offers cautious opening to US on Afghanistan The Hague - Iran on Tuesday was set to offer a cautious welcome to the United States' new strategy for Afghanistan by telling a conference in The Hague that it was "fully prepared" to help the country's reconstruction and to fight drug trafficking.

Terrorist hiding in FATA planning attacks in US, Europe: Holbrook

Terrorist hiding in FATA planning attacks in US, Europe: HolbrookThe Hague (Netherland), Mar. 31 : Strongly condemning the terror attack on the police training camp in Lahore, the United States Special Envoy to Afghanistan and Pakistan, Richard Holbrooke has expressed fears that several terrorists, hiding in the Federally Administered Tribal Areas (FATA), were planning to carry out similar strikes in the US and European countries.

Fortis Bank Netherlands loses 18.5 billions in 2008

Fortis Bank Netherlands loses 18.5 billions in 2008 Amsterdam - The Dutch division of Fortis Bank NV has suffered a net loss of 18.5 billion euros (24.96 billion dollars) in 2008, according to the bank's annual report released on Thursday.

Fortis said 17.7 billion euros of the loss results from one-time write-offs on its share in RFS Holdings.

RFS is the holding that took over ABN Amro. Fortis Bank Netherlands had an 33.8 per cent ownership in RFS.

Some 922 million euros of the loss were caused by exposure to the Madoff fraud affair.

ROUNDUP: Dutch announce 6-billion-euro economic stimulus plan

Dutch announce 6-billion-euro economic stimulus planAmsterdam - The Dutch government on Wednesday announced a 6- billion-euro (8.1-billion-dollar) economic stimulus plan that will see investment followed by cost-cutting in 2011 to tackle the economic crisis.

Prime Minister Jan Peter Balkenende, presenting the plan to parliament, said the funds would be spent over six years, primarily on infrastructure projects, unemployment prevention and sustainable energy over the next six years.

Dutch government announces 6-billion-euro economic stimulus plan

Dutch government announces 6-billion-euro economic stimulus plan Amsterdam  - The Dutch government on Wednesday announced a 6- billion-euro (8.1-billion-dollar) economic stimulus plan that will see investment followed by cost-cutting in 2011 to tackle the economic crisis.

Prime Minister Jan Peter Balkenende, presenting the plan to parliament, said the funds would be spent over six years, primarily on infrastructure projects, unemployment prevention and sustainable energy over the next six years.

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