Economy News in English
Latest economy headlines from Dutch news, translated into English.
School trips under pressure due to funding shortages: 'Roller coasters have multiple functions'
Primary schools in the Netherlands are increasingly struggling to fund school trips as parental contributions decline in high-poverty areas. To address this issue, the Youth Education Fund is distribu...
Emergency departments to receive partially fixed budget of 4.6 million from 2027
Starting in 2027, emergency departments will receive a partial fixed budget of approximately 4.6 million euros to supplement current patient-based funding. This shift in the Dutch healthcare system ai...
EU wants to exclude US tech companies from major IT contracts
The European Union is planning to introduce stricter regulations for large government digital contracts. These rules could limit the ability of major American technology companies, such as Amazon, Mic...
Court rules in favor of municipality in wind turbine dispute with province
A Dutch court has ruled in favor of the municipality of Amsterdam in a legal dispute with the province of Noord-Holland regarding the installation of three wind turbines at Noorder IJplas. The court f...
British postal service Royal Mail investigated again for slow delivery
The British postal regulator has launched a new investigation into Royal Mail following persistent delivery delays. Data from the past year shows that nearly a quarter of first-class letters did not a...
Railway embankment between Haarlem and Overveen no longer meets standards. No trains for three weeks this autumn for refurbishment
ProRail will reinforce the railway embankment between Haarlem and Overveen this autumn to meet current safety standards. The construction work will result in a three-week suspension of train services ...
Oat milk giant Oatly chooses Zeeland: farmers to supply oats on a massive scale
Swedish company Oatly has partnered with farmers in the Dutch province of Zeeland to source oats for its plant-based dairy alternatives. This collaboration creates a significant new market for local a...
Defence to reach agreement with Court of Audit on procurement justification
The Dutch Ministry of Defence aims to reach an agreement with the Court of Audit regarding the justification of its procurement spending for military expansion. This follows a report from the Court of...
Milestone for Zuidasdok: New passenger tunnel at Zuid station opens this autumn after years of construction
The Brittenpassage, a new passenger tunnel at Amsterdam Zuid station, is scheduled to open in November 2024 as the first major milestone of the multi-billion euro Zuidasdok project. The tunnel feature...
Car sales rise thanks to more popular electric models
New car sales in the Netherlands increased last month, primarily driven by a rise in registrations for fully electric vehicles. Industry organizations BOVAG and RAI Vereniging attribute this growth to...
How letter mail is slowly but surely dying out
PostNord in Denmark has transitioned exclusively to parcel delivery as written communication increasingly shifts to digital platforms. The article highlights the rapid decline of traditional letter po...
Healthcare sees opportunities for AI in the workplace, but guidelines are urgently needed
Healthcare workers express a strong interest in utilizing AI in the workplace, though there is currently no clear framework for its implementation. Research from the ECP Platform for the Information S...
Harbour Club Oost officially declared bankrupt
Heineken seeks new boss after CEO departs
Heineken is currently searching for a new CEO following the departure of Dolf van den Brink, whose term ended on May 31. The Dutch brewing company has not yet announced a successor for the position.
Uitgeest faces €200,000 deficit in 2025 accounts: ‘It looks like we have money left, but it’s already allocated’
The municipality of Uitgeest is facing a 200,000 euro deficit in its 2025 annual budget, with similar shortfalls expected for the following year. Officials noted that while it may appear the town has ...
Advertising agency KesselsKramer, known for the I amsterdam letters, declared bankrupt
CEO fraud hits Haarlem SMEs, fake payment requests sent in director's name
CEO fraud is increasingly targeting small and medium-sized enterprises in Haarlem through the use of insecure business domains to send fake payment orders. Scammers impersonate company directors to au...
Employees can lease second bicycle at lower tax rate
New regulations from the Dutch Tax Authorities now allow employees to lease multiple company bicycles at the lower tax rate of seven percent. This adjustment makes it more financially attractive for w...
Stockpiling drives strongest growth in Dutch industry in years
The Dutch industrial production saw its strongest growth in four years last month. This surge was primarily driven by panic buying from customers in response to the conflict in the Middle East.
Hospitality businesses and retailers see revenue rise in first quarter
The Dutch hospitality sector experienced a 2.2 percent turnover increase in the first quarter, marking its twentieth consecutive quarter of growth. Additionally, retail turnover in April saw an increa...
KLM receives €1 billion from Schiphol for real estate: path cleared for new terminal
KLM and Schiphol have finalized a deal worth nearly 1 billion euros for the airline's real estate, including the demolition of an old cargo building. This agreement clears the way for the construction...
TikTok Shop rivals Saturn and Douglas in Germany, shopping feature coming to Netherlands
TikTok Shop is scheduled to launch in the Netherlands on June 15, allowing users to purchase products directly through the app. The expansion follows its introduction in Germany, though the platform f...
Successor to iDIN identification service to be widely used in the Netherlands
The Belgian identification app itsme is launching for widespread use in the Netherlands starting Monday as a successor to the iDIN service. It allows users to log in to various organizations, such as ...
Not everyone in De Pijp is against tourists: ‘Without tourists, not a single pub would survive here’
Flower bulb trader C.S. Weijers & Sons in Hillegom appointed Purveyor to the Household: 'A crown on a hundred years of entrepreneurship'
The flower bulb trading company C.S. Weijers & Zonen in Hillegom has been officially designated as a Purveyor to the Royal Household. The honorary title was presented by the King's Commissioner of Sou...
Amsterdam to launch its own port week in June; IJmuiden Port Festival follows a week later
Amsterdam will host its first port week in June to showcase the innovation and accessibility of its harbor as part of the Zeehavendagen. The event aims to demonstrate the relevance of the port and wil...
Vijlbrief to talk with opposition about social security
Dutch Minister of Social Affairs Hans Vijlbrief announced he will meet with opposition parties this week to discuss the future of the social security system. During an interview on the program Buitenh...
Sick to receive less if cabinet sticks to plan, system remains overburdened
The Dutch cabinet is considering changes to the IVA disability benefits, despite opposition from labor unions who want to protect payments for those permanently unable to work. These proposed measures...
China warns EU it will hit back hard against new trade measures
China has warned the European Union that it will resolutely retaliate if new restrictive trade measures are implemented. This statement follows a European Commission report concluding that the current...
The greenhouse | Europe is getting hotter, but we are poorly prepared for it
Climate reporter Jeroen Kraan reports that Europe experienced exceptionally high temperatures even before the summer season officially began. The article highlights that the continent is currently poo...