Economy News in English

Auditor finds €67 million in discrepancies in Amsterdam’s financial statements: 'Basics not in order'

Millionth inhabitant expected in 2035, East growing fastest

Amsterdam is projected to reach one million inhabitants by late 2035, with the city's population currently standing at 940,000. Growth is primarily driven by international migration, with the fastest ...

IKEA introduces lingonberry-flavored Swedish meatball lollipop

IKEA is releasing a limited-edition Swedish meatball-flavored lollipop with lingonberry after a positive response to what began as an April Fool's joke. The unique candy will be distributed as a one-t...

Amsterdam to distribute 2,000 emergency packages to low-income residents, Halsema points to The Hague for more funding

Milieudefensie hopes Supreme Court forces Shell to reduce CO2 emissions

Milieudefensie and Shell are appearing before the Dutch Supreme Court this Friday for the final judgment in their landmark climate case. The environmental organization hopes the court will legally man...

HEMA sees revenue and profit rise thanks to renovated stores

HEMA reported increased turnover and profit in 2025, attributing the growth to successful store renovations and enhanced product sustainability. CEO Saskia Egas Reparaz highlighted that the updated st...

100-year-old Hema reports profit for fifth consecutive year: ‘We want to be the number 1 gift shop’

Hema has reported increased turnover and profit for the fifth consecutive year as it celebrates its 100th anniversary in 2025. CEO Saskia Egas Reparaz attributes the growth to successful store renovat...

Thailand ends 60-day visa-free travel for tourists

The Thai government has decided to end its 60-day visa-free travel policy, a measure originally introduced to boost tourism. This change affects travelers from 93 countries, including visitors from th...

Son of Mango founder arrested in connection with father's death

Jonathan Andic, the owner of the Spanish fashion chain Mango, has been arrested in connection with the 2024 death of his father, Isak Andic. The Mango founder died following a fall from a cliff while ...

Netherlands produces less recycled plastic, climate goals under pressure

The production of recycled plastic in the Netherlands is declining as high energy prices prevent manufacturers from making essential investments. This slowdown threatens the country's transition to a ...

One man's trash is another man's treasure

During the Week Without Waste, residents and organizations are showcasing creative ways to reuse and repair items that would otherwise be thrown away. The initiative encourages giving products like fu...

Dutch face longer waits for new cancer drugs: 'Unacceptable for such a wealthy country'

Access to new cancer treatments in the Netherlands is declining, with only 41% of medications approved in Europe over the last four years expected to be available to patients by 2025. This represents ...

These travel expert tips will make your holiday affordable: ‘It can save hundreds of euros’

Travel experts, including tourism strategist Isabel Mosk, share tips for booking affordable summer vacations as Google search interest for holidays peaks in May. The advice focuses on strategies for f...

What do Mercedes and BMW have to do with Shell? This German ruling could turn the ‘climate case of the century’ on its head

A recent ruling by the German Federal Court of Justice in climate-related lawsuits against Mercedes and BMW could impact the final outcome of the legal battle between Milieudefensie and Shell. This Ge...

Banned pesticides found in Jumbo and Albert Heijn rice and tea

Food watchdog Foodwatch discovered residues of EU-banned pesticides in rice, tea, and various herbs sold at Dutch supermarkets Jumbo and Albert Heijn. The investigation involved testing 64 different p...

ATM bombings are making a comeback: Only a matter of time before there are casualties

Amsterdam has seen a resurgence in ATM bombings this year, with eight incidents reported after a year of no such crimes. Criminals are increasingly targeting sealbag deposit machines with powerful exp...

Report: sex workers intimidated and exploited, no oversight

A report by the Sex Work Reporting and Advice Point (SMAP) reveals that sex workers in the Netherlands face poor working conditions, intimidation, and exploitation. The organization criticizes the gov...

Successful business, but Elvan lies awake at night over tax returns: ‘I put everything off’

Elvan, a 38-year-old entrepreneur, struggles with severe anxiety and procrastination regarding her business tax returns and financial administration. Despite projecting a successful and curated life o...

Discrimination test to prevent new benefits scandal will not be mandatory

Dutch Interior Minister Pieter Heerma announced that government organizations will not be legally required to use a discrimination test designed to prevent future scandals. Although approximately fort...

Websites for domestic cleaners must change methods to inform customers of subscriptions

The Netherlands Authority for Consumers and Markets (ACM) has intervened to ensure websites offering domestic help are transparent about subscription costs. This action follows numerous complaints fro...

Designer Joyce (41) earns 2,600 euros a month: ‘I used to have my eyebrows done every five weeks, now I pluck them myself’

Homeowners Association wants stricter control on house hunting: ‘Still cronyism’

Vereniging Eigen Huis is calling for stricter government oversight of the housing market, citing ongoing issues with transparency and "cronyism." Their research reveals that bidding logs are frequentl...

Other cities have long had public heating companies: what is holding Amsterdam back?

Subsidy pot shrank, site crashed, and now a lottery decides on changing room renovations and concrete rot repairs

Deaths in Kenya during protests against fuel price hikes

Four people were killed and more than 30 injured during protests against rising fuel prices in various Kenyan cities. Minister of Interior Kipchumba Murkomen confirmed the casualties during a televise...

Trump announces expansion of drug discount program

U.S. President Donald Trump has announced that the government-backed website TrumpRx.gov will expand its offerings to include generic medications. The platform is designed to provide consumers with di...

Schiphol uncertain about wait times after change in security approach

Schiphol Airport is uncertain whether long security queues will persist on Tuesday following significant delays experienced on Monday morning. A spokesperson stated that the airport cannot yet predict...

Jury dismisses Musk's lawsuit against company behind ChatGPT

A jury has rejected Elon Musk's lawsuit against OpenAI, the creator of ChatGPT, which Musk co-founded. Musk claimed the company had betrayed its original mission, but the jury dismissed the case becau...

No money for new siren system, emergency sirens to disappear in 2028

The Dutch government will discontinue the monthly air raid siren system starting in 2028 due to a lack of funding for a new, innovative replacement. Minister of Justice and Security David van Weel ann...

Trump drops billion-dollar claim against tax authorities

Former U.S. President Donald Trump has withdrawn a lawsuit he previously filed against the Internal Revenue Service (IRS). The decision was confirmed through recently released court documents.