The two coalition parties – the right-wing Liberals (VVD) and social democrats (PvdA) have almost concluded their negotiations on how to generate a further €6bn for the Dutch economy in 2014.

The Dutch papers report that the talks, between prime minister Mark Rutte (VVD), his parliamentary party leader Halbe Zijlstra, PvdA leader Diederik Samsom, finance minister Jeroen Dijsselbloem (PvdA) and social affairs minister Lodewijk Asscher, are nearing completion.

The details of the agreement will not be published until the third Tuesday in September, but sources told news agency ANP they are in line with proposals which became public in July.

They include freezing public sector salaries, reducing ministerial spending and not increasing tax bands in line with inflation – effectively increasing taxes across the board.