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Dutch Prime Minister Mark Rutte on Friday shot down a political ally's proposal to abandon the euro and return to the guilder, saying it would be disastrous for the Netherlands' export-oriented economy. Populist politician Geert Wilders, whose Freedom Party provides crucial support for the minority coalition in parliament, said his party was studying whether it was in the long-term economic interest for the Dutch to return to the guilder, the Telegraaf daily reported earlier on Friday.
Wilders said his party would find a reputable international agency to research whether the Netherlands should return to using the guilder "A return to the guilder would be a recipe for disaster," Rutte told reporters at his weekly press conference after cabinet meetings in The Hague.

Copyright Reuters, 2011

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