During the reign of king of Spain Philip II, the Netherlands brought into the treasury in 7 times more gold than American colonies or Spain itself

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During the reign of king of Spain Philip II, the Netherlands brought into the treasury in 7 times more gold than American colonies or Spain itself Rule of Philip II was the peak and the beginning of the decline of Spanish absolutism in the XVI century. Brutal suppression of popular uprisings, destruction of old local privileges, persecution of heretics and other confessions, violent Inquisition.

In foreign policy, Philip sought submission to its influence across Europe and inexorably interfered in the internal affairs of other countries, supporting force throughout the Catholic reaction. After the uprising in the Netherlands and the defeat in the war with England (1588) the collapse of the Spanish great-power politics became evident.

In the XVI th century Netherlands represented territory of modern states - Netherlands, Belgium, Luxembourg and part of Northern France, and numbered 17 provinces - Artois, Brabant, Drenthe, Flanders, Friesland, Hainault, Holland, Geldern, Groningen, Limburg, Luxembourg, Namur, Mechelen, Overijssel, Ommelanden, Utrecht, and Zealand. All of them was won by the king of Spain Charles V.

In 1558, renouncing the throne, Charles V divided his possessions between his son Philip and his younger brother Ferdinand, who conceded the Austrian and German patrimony. But Philip II inherited Spain with its domains in Italy (Kingdom of Milan, Naples, Sicily, and Sardinia) and overseas, as well as the Netherlands. He was also trying to turn them into some of its monarchy. In the times of Charles V Netherlands brought into the imperial treasury in 4 times more income than the Spanish colonies in the New World. By the times of Philip II this income rate has increased by almost twice.

On the other hand - economic and national oppression, religious persecution led in 1566 to an explosion of longstanding epic revolutionary struggle in the Netherlands. It ended with the release of 7 of the Northern provinces that was united into an independent state - the Republic of the United Provinces (Holland). In Flanders and other southern provinces of Netherlands, where remained stronghold of Catholicism, the revolution was suppressed.

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