Economy News in English
Latest economy headlines from Dutch news, translated into English.
Jumbo recalls more cheeses due to potential listeria contamination
The supermarket chain Jumbo has issued a recall for two of its cheese products, Jumbo Lepelkaasje and Jumbo Kaasplateau Verrassend, due to a possible listeria contamination. The recall applies to all ...
European packaging rules corner online stores: Renske only delivers in the Netherlands for now
Online toy shop owner Renske Oomen-Christianen has suspended international shipments from her business, Piece of Play, due to new European packaging regulations. Despite international demand, she will...
Gasoline at the pump has never been more expensive: recommended price for Wednesday breaks record
The recommended price for Euro95 gasoline in the Netherlands has reached a record high of approximately 2.67 euros per liter for Wednesday. This marks an increase of about 3 cents compared to the pric...
Amsterdam man (26) remains in custody for 38 million laundering, also allegedly via healthcare companies
European defense boom creates thousands of new jobs in Germany
European countries are significantly increasing their defense budgets, leading to a surge in orders for German manufacturers. Companies such as Rheinmetall and KNDS are expanding their production capa...
Smaller budget cuts not enough for PRO and unions, strikes to continue
Opposition party PRO and various labor unions have rejected the cabinet's recent proposal to partially reverse cuts to social security. Consequently, planned strikes and protest actions against the go...
IKEA lowers prices of more than five hundred products in the Netherlands
Starting Tuesday, IKEA is lowering the prices of over 500 popular items in the Netherlands. The home retailer expects to reduce costs by an average of 15 to 25 percent on products such as storage syst...
France becomes first EU country to tax Asian fast fashion
France has become the first EU nation to introduce levies on extreme fast fashion to curb the influx of inexpensive clothing from Asian e-commerce retailers like SHEIN and Temu. This measure aims to a...
Prinsjesdag documents leaked: extra money for purchasing power, fewer benefit cuts, and deductible increase postponed
Leaked details from the upcoming Dutch government budget indicate plans to boost purchasing power and delay the planned increase of the healthcare deductible. Additionally, the coalition partners have...
Tax authorities recover 139 million euros in hidden assets
Last year, the Dutch Tax and Customs Administration recovered 139 million euros from taxpayers who had concealed income or assets. This amount was collected through investigations into foreign bank ac...
Amsterdam's new municipal secretary Catrien Lenstra to cut 2,500 jobs: 'We must organize work fundamentally differently'
Royal Inland Shipping Netherlands: Rijkswaterstaat postpones night closure of Amsterdam-Rhine Canal by two days
Gasoline prices approach record high from earlier this year: 2.640 for a liter of fuel
Gasoline prices in the Netherlands are nearing record highs, reaching an advisory price of 2.640 euros per liter. This increase is driven by rising oil prices resulting from the recent conflict in the...
‘No shipping to the Netherlands’: online shoppers hit by new European rules
Increasing numbers of foreign online retailers are refusing to ship to the Netherlands due to the administrative burden of new European regulations. Consequently, Dutch shoppers are facing limited acc...
Minister wants to accelerate construction of 30,000 homes at five new locations
The Dutch cabinet has designated five new locations across the Netherlands, including Haarlem, to accelerate the construction of 30,000 homes. This initiative aims to address housing shortages by prio...
Many drivers forced to cut back due to rising gas prices, says ANWB
A recent ANWB survey of over a thousand motorists indicates that many people in the Netherlands are cutting back on vacations, outings, and savings to cope with rising fuel costs. These findings highl...
Watchdog rules KLM misled customers with Real Deal Days advertising
The Advertising Code Commission (RCC) has ruled that KLM's advertisements for its 'Real Deal Days' promotions in September 2025 and January 2026 were misleading. The decision follows two complaints fi...
This degree makes you the most popular with employers
According to career platform Magnet.me, students specializing in strategy, entrepreneurship, and innovation are currently the most sought-after by employers. The report warns that certain fields of st...
Dutch Lottery launches new legal attack on illegal gambling site
The Nederlandse Loterij has launched a new legal challenge against the illegal gambling site Skyhills. The organization is demanding an immediate cessation of the site's activities in the Netherlands ...
Higher healthcare costs and pension spending widen government budget deficit
The Dutch government experienced a significant increase in its budget deficit last year due to rising expenditures on healthcare and state pensions. While tax revenues grew because of higher housing p...
Inflation remains virtually stable last month, Dutch people pay 3.3 percent more than a year ago
Inflation in the Netherlands remained nearly stable last month, rising slightly to 3.3 percent in August compared to 3.2 percent in July. These figures were reported by Statistics Netherlands (CBS).
Cheap gasoline, 400-gram schnitzels and rock-bottom supermarket prices: this village is just mimicking Germany
Entrepreneurs in the Dutch village of Gendt are attracting bargain-hunting customers by offering low fuel prices, large schnitzels, and affordable groceries. The initiative aims to replicate a German-...
Groceries only slightly more expensive, yet consumers feel the pinch
Despite official data from CBS and YouGov showing minimal increases in supermarket prices over the past year, over half of Dutch consumers perceive grocery costs to have risen significantly. Research ...
Shein shares tumble in Hong Kong stock market debut
Online retailer Shein experienced a significant decline on its first day of trading on the Hong Kong stock exchange, with share prices dropping by approximately 10 percent. Despite the poor market per...
Single man (61) earns 3,820 euros a month: ‘My house cost 142,000, why would I ask more for it?’
Amsterdam taxi drivers launch their own app to compete with Uber: This is a win-win, better for us and better for the passenger
Rijkswaterstaat stands firm: nighttime shipping restrictions on Amsterdam-Rhine Canal will proceed
Rijkswaterstaat will implement nightly navigation restrictions on the Amsterdam-Rhine Canal starting September 1st due to ongoing staff shortages. The measure, which prohibits large vessels and those ...
Poor timing by parcel giant Shein will cost ‘invisible’ owner Xu 15 billion dollars
Chinese e-commerce giant Shein is preparing for its initial public offering on the Hong Kong Stock Exchange. The company's valuation has dropped significantly from $100 billion to an estimated $25 bil...
Agricultural prices rise rapidly due to war and extreme weather
The prices of key agricultural commodities like wheat, sugar, and cocoa have experienced their fastest increase in over fourteen years due to the impact of war and extreme weather conditions. This sur...
US oil sector pumps more oil with fewer people
The U.S. oil industry is increasing production while simultaneously reducing its workforce. Since the beginning of Donald Trump's second term, thousands of jobs have been cut despite the rise in outpu...