At a glance
The Netherlands has been a member of the euro area since 1 January 1999. Euro banknotes and coins were introduced on 1 January 2002. Until that date the euro was the official currency but only existed as 'book money'. The euro replaced the Dutch guilder (NLG) at a conversion rate of EUR 1 = NLG 2.20371.
Netherlands is represented by Mark Rutte, Prime Minister, at Euro Summit meetings and by its State Secretary for Finance, Eric Wiebes, at Eurogroup meetings.
The Finance Minister of the Netherlands, Jeroen Dijsselbloem, is the President of the Eurogroup.
- Member of the euro area: since 1 January 1999
- Former currency: Dutch guilder (EUR 1 = NLG 2.20371 )
- GDP per capita (current prices): €35 800 (2012 - Eurostat)
The Senate has 75 members, who are elected for four years by indirect universal suffrage by the 12 provinces of the Kingdom.
The House of Representatives has 150 members, who are elected for four years by direct universal suffrage.
The Netherlands also has island territories in the Antilles.
- Political system: constitutional monarchy
- Voting age: 18, voting not compulsory
- National Day: 30 April (Queen's Day)