Short news

• Dutch economy contracted 0.7% in first quarter of 2023
• German economy in recession
• House committee on box 3: no action expected for the time being
• Coalition uses voting trick to take away two remaining seats in Senate
• Energy prices back to level before Russian invasion of Ukraine
• Erdogan re-elected president of Turkey for 5 years
• Staff shortage continues to squeeze
• April inflation rate 5.2%.
• Interest rate 3-month Euribor 3.5%. 10-year government loan rate 2.63%