Dutch Queen accepted the resignation of the government

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Dutch Queen Beatrix accepted the resignation of the government and approve the proposed date of September 12 for holding new elections, officials said.

The coalition government of the Netherlands collapsed on Monday because of inability to agree on measures for budget savings. Prime Minister Mark Rute resign, and the next day parliamentary parties agreed on a date for early parliamentary elections.

Rute, who is the conservative People’s Party for Freedom and Democracy, is trying to compromise with the Labor Party and other opposition forces to adopt the budget cuts of around 14 billion euros. These austerity measures aim to reduce the budget deficit set by the EU 3% of GDP by 2013

Negotiations between political parties continued today. Rute presented the resignation of his minority government consisting of the People’s Party for Freedom and Democracy and the Christian Democratic call after eurosceptic Freedom Party withdrew from negotiations for budget savings. Far-right party of Geert Wilders also withdrew its support for the government, forcing it to disband.