Economy News in English
Latest economy headlines from Dutch news, translated into English.
Number of bankruptcies fell by 11 percent in July
The number of bankruptcies in the Netherlands decreased by 11 percent in July compared to the same month last year. According to Statistics Netherlands, 266 companies filed for bankruptcy, marking a d...
Shrinkage and flight tax will hit Schiphol according to aviation giant Delta, but the underlying message is more ominous
Social media platforms fight back against AI slop as they are flooded with generic AI posts
Social media platforms are increasingly taking measures to combat the spread of AI-generated content, often referred to as 'AI-slop'. Users are pushing back against the influx of generic, automated po...
Difference between expensive and cheap childcare in Haarlem amounts to hundreds of euros per year
Data from the Central Bureau of Statistics reveals that parents in Haarlem face significant annual cost differences for childcare. Depending on the provider, families can see price variations amountin...
Beyoncé buys out LVMH to take full ownership of her whisky brand
Beyoncé has acquired full ownership of her whisky brand, SirDavis, by buying out the stake previously held by the French luxury conglomerate LVMH. The transaction was confirmed by LVMH on Monday.
Low Rhine water levels drive up fuel prices in Germany
Low water levels in the Rhine river are causing fuel supply disruptions in Germany, leading to significant increases in gasoline and diesel prices. The difficulty in transporting fuel via the river is...
Billion-euro deficit for bridges and roads: why borrowing more money is not a good idea
Economists are warning against increasing the national debt in the Netherlands to fund urgent maintenance for roads, bridges, and dikes. While some politicians in The Hague advocate for borrowing more...
10 companies join Bol and Bijenkorf in reporting data breach at partner Ceva
The Dutch Data Protection Authority (AP) reports that customer data from 12 companies may have been compromised following a cyberattack on logistics partner Ceva Logistics. Among the affected business...
Bicycle manufacturer Accell, parent company of Batavus, Sparta and Babboe, files for bankruptcy
The Dutch bicycle manufacturer Accell, which produces well-known brands such as Batavus, Sparta, and Koga, has been declared bankrupt by a court in Amsterdam. This ruling puts the future of these prom...
Natural disasters cause 87 billion euros in damage in the first half of 2026
Natural disasters, including earthquakes, floods, and wildfires, caused 87 billion euros in global damages during the first half of 2026. According to data from the reinsurer Swiss Re, these figures a...
Ordering from webshop de Bijenkorf barely possible anymore
The Dutch department store de Bijenkorf is currently experiencing significant issues with its online ordering system. Customers are only able to purchase items that are currently in stock at physical ...
After 64 years of mint chocolate, After Eight introduces new flavors
After Eight is expanding its product range for the first time in 64 years by introducing three new flavors. The classic mint chocolates will now be joined by caramel, orange, and raspberry variants.
Eclipse glasses flying off the shelves: We are being flooded with calls
Eclipse glasses are rapidly selling out across Amsterdam as residents prepare for an upcoming partial solar eclipse. Experts warn that looking directly at the sun without proper eye protection can cau...
Fuel prices rise again as hopes for peace fade
Fuel prices at the pump in the Netherlands have risen again after a short period of decline. This increase is driven by rising oil prices due to diminishing hopes for a quick reopening of the Strait o...
Trump's company loses $238 million and sells accelerated access to tweets
Trump Media and Technology Group, the parent company of Truth Social, reported a loss of $238 million between April and June. This figure represents a significant increase compared to the company's fi...
Life is more than three percent more expensive than a year ago
According to final figures from the Central Bureau of Statistics, the cost of living in the Netherlands rose by an average of 3.2 percent in July compared to the same month last year.
Daily life 3.2 percent more expensive in July due to high fuel and energy prices
Inflation in the Netherlands reached 3.2 percent in July, according to final figures from Statistics Netherlands. Rising fuel and energy costs are the primary drivers behind this increase in the cost ...
Another data breach: credit card details stolen from printer Simian
Printing company Simian has confirmed a data breach resulting in the potential exposure of personal information belonging to Dutch and Belgian customers. A smaller subset of these customers also had t...
Alderman knew about Oostbrug cost explosion before election but withheld information
Amsterdam Alderman Melanie van der Horst withheld information about a massive cost increase for the proposed Oostbrug project until after the March 2026 municipal elections. Documents reveal that the ...
House prices fell in six municipalities, sharpest rise in Achterhoek
While housing prices continue to rise across much of the Netherlands, six municipalities saw a decrease in home prices during the second quarter compared to the previous year. Conversely, the municipa...
Are residents of Haarlem happy with their international fame in The New York Times?
The New York Times has featured Haarlem as a tourist alternative to Amsterdam, sparking debate among local residents regarding potential overcrowding and quality of life. While the local government an...
Wiam el Aouati (19) receives 1519 euros and hopes for more financial education for youth: 'My money tip: never use Klarna'
The coming weeks are critical: which roads, bridges, and railways can actually be replaced?
The Dutch government, led by Minister Vincent Karremans, is currently reviewing transportation projects due to significant budget deficits. This autumn, authorities will decide which infrastructure pl...
New York wants to raise 500 million with pied-à-terre tax for ‘safer streets and cleaner parks’: is that an idea for Amsterdam too?
Michael (40) puts blue envelopes away hoping problems will disappear: ‘I know it’s not smart’
Michael, a 40-year-old man, experiences significant stress from financial responsibilities, leading him to ignore official correspondence from the tax authorities. Although he has long believed he is ...
Nout Wellink on the lobby for Klaas Knot at the ECB: 'This is not a matter of making a few phone calls'
Former De Nederlandsche Bank president Nout Wellink explains that securing a top position at the European Central Bank requires extensive diplomatic effort rather than simple casual lobbying. He empha...
KLM adjusts catering on European flights, cheese sandwich to be removed
Starting in October, KLM will update its catering services on European flights. Passengers will no longer receive a complimentary cheese sandwich but will instead have the option to order meals in adv...
London mayor wants more space for pubs and nightclubs
London Mayor Sadiq Khan is opposing plans by the Westminster district to restrict the opening of new bars and nightclubs in popular nightlife areas. Khan argues that the city should instead create mor...
Getting sick on vacation: how to get your vacation days back
Falling ill during a vacation does not necessarily mean losing your vacation days. Employees in the Netherlands have legal protections that allow them to reclaim days spent sick while on leave.
Cabinet holiday stress: unions camping out, budget shortfall and no friends in the opposition yet
The Dutch cabinet is facing significant pressure while preparing the upcoming budget ahead of Prinsjesdag. Ministers are struggling with financial shortages and a lack of support from the opposition.