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Air France-KLM CEO earned €5.1 million last year, Netherlands objects

Air France-KLM CEO Ben Smith earned 5.1 million euros last year, more than triple the salary of KLM CEO Marjan Rintel. The Dutch government has raised objections to the compensation package, which was disclosed in the aviation group's annual report.

Politics Economy Business Netherlands

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Based on reporting by ad. Translated and condensed by LocalHeadlines.

Trade with Russia remains lucrative, but companies face risks

Despite 21 rounds of European Union sanctions against Russia, some businesses continue to profit by using third-party countries to bypass export restrictions. Experts warn that while such trade is lucrative, it carries significant legal risks, including criminal prosecution and prison time for those who intentionally circumvent these measures.

Private landlords are renting out fewer properties in the city: "A problem for students"

Private rental properties in Amsterdam have decreased by 18 percent in three years as landlords sell their units due to new rent control laws and increased taxation. While this shift favors buyers, it creates a significant housing crisis for students and individuals who cannot afford to purchase property in the city.

No funding for Zuidasdok megaproject in new cabinet plans

The Dutch government has frozen funding for the northern part of the Zuidasdok project to prioritize the maintenance of existing national infrastructure. This decision delays one of the country's largest development projects, sparking concerns in Amsterdam over long-term economic and accessibility impacts.

From Nedersaksen line to A20 highway: billion-euro deficit forces cabinet to make tough infrastructure choices this week

The Dutch government is set to make challenging decisions this week on infrastructure investment due to a multi-billion euro budget deficit. Officials must weigh the urgent need to repair aging roads and bridges against the viability of new projects like the Nedersaksenlijn and the A20 highway.

It is tough, it is technical, but the solution for box 3 is also hyper-political

The Dutch cabinet is struggling to find a parliamentary majority for its tax plans, specifically regarding the controversial Box 3 issue. The government is currently navigating a difficult negotiation process between conflicting demands from right-wing opposition parties and internal disagreements within the three-party coalition.