Although high energy and fuel prices are causing frustration, the Dutch economy has not yet suffered significant negative impacts. Experts are currently analyzing when and how these rising costs might eventually affect economic growth.
Starting July 1, 2028, employers in the Netherlands will be prohibited from deducting housing costs from the minimum wage of migrant workers. Minister Vijlbrief announced this change to the House of Representatives to end the current practice where employers can withhold up to 25 percent of the gross minimum wage for housing.
Customer personal data from the department store de Bijenkorf was stolen during a cyberattack on the logistics company CEVA Logistics last month. CEVA Logistics provides services for both de Bijenkorf and bol, leading to this data breach.
The European Central Bank has increased its key interest rate from 2.25 to 2.5 percent to combat inflation. This measure is expected to impact interest rates for loans, savings products, and mortgages.
The European Central Bank has raised its main interest rate by 0.25 percentage points to 2.5 percent. This move marks the second rate hike this year as the bank continues efforts to combat high inflation in the eurozone.
Moving from a city to a village does not automatically result in lower housing costs, according to the Dutch Association of Real Estate Agents. While individual homes may be cheaper in rural areas, the market supply there consists primarily of larger and more expensive properties.
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