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Cabinet pauses unemployment and disability reforms but sticks to €6.5 billion in cuts

Cabinet pauses unemployment and disability reforms but sticks to €6.5 billion in cuts

The Dutch cabinet has paused planned changes to unemployment and disability benefits while seeking alternative ways to achieve 6.5 billion euros in social security cuts. Although the proposal to increase the state pension age has been permanently scrapped, the government remains committed to its overall savings target.

Iranian hack of payment provider puts central bank president on alert: 'Gamechanger'

Iranian hack of payment provider puts central bank president on alert: 'Gamechanger'

An Iranian cyberattack on payment provider Verifone in March has put De Nederlandsche Bank (DNB) on high alert regarding the security of the national payment system. Bank officials warned that AI-driven hacking techniques are making threats faster and more sophisticated, describing the evolving situation as a significant 'gamechanger' for financial stability.

Prices continue to rise, but not to 2022 record levels

Prices continue to rise, but not to 2022 record levels

Inflation in the Netherlands is rising due to the conflict in the Middle East, though it is not expected to reach the record levels seen in 2022. Olaf Sleijpen, President of De Nederlandsche Bank, stated that while prices are increasing, the situation is less severe than the peak two years ago.

Subsidy for restoration of historic facades in Zandvoort

Subsidy for restoration of historic facades in Zandvoort

Entrepreneurs and property owners in Zandvoort can apply for subsidies to restore historical facades. The scheme offers financial support of up to 10,000 euros for mid-terraced buildings and 12,500 euros for corner or detached properties.

Burnt-out transport escort vehicle in Velsen-Noord belongs to entrepreneur Hidde: 'We are in the dark about the cause'

Burnt-out transport escort vehicle in Velsen-Noord belongs to entrepreneur Hidde: 'We are in the dark about the cause'

A transport escort vehicle belonging to IJmond Exceptioneel Transport Begeleiding was completely destroyed by fire in Velsen-Noord on Monday night. Owner Hidde Mossinkoff stated that the cause of the blaze is currently unknown.