Economy News in English
Latest economy headlines from Dutch news, translated into English.
South Holland: No nuclear plants in Rotterdam would be wise
The province of Zuid-Holland anticipates that Rotterdam's Maasvlakte has been ruled out as a potential site for two new nuclear power plants. Grid operator TenneT reportedly identified Eemshaven in Gr...
Dangerous summary proceedings loom for Tata Steel: ‘They are driving into a concrete wall at 100 km/h’
Local residents are taking the Dutch state to court in a summary judgment to challenge a billion-euro subsidy planned for the polluting steel company Tata Steel. The legal action aims to block the fin...
Haarlem's giant wooden tower reaches highest point. Oostpoort celebrates milestone with mobile fries stand
The construction of Haarlem's tallest wooden residential building, Oostpoort, has reached its peak height of 33 meters. The milestone for the ten-story structure was celebrated on-site with a mobile c...
First oil tankers pass through Strait of Hormuz after US-Iran deal
Following a diplomatic agreement between the United States and Iran, the first oil and gas tankers have begun navigating the Strait of Hormuz again. These Saudi ships are transporting approximately si...
'Busy and major summer' for Amsterdam public transport: metro 50 suspended, fewer ferries, and Surinameplein overhaul
Ziggo to stop as Ajax main sponsor after next season
Ziggo has announced it will step down as the main sponsor of Ajax on July 1, 2025. The telecommunications company has decided not to renew its expiring contract with the Amsterdam-based football club.
Halsema announces new investigation into Hart voor de K-buurt, but foundation knows nothing
Amsterdam Mayor Femke Halsema has announced a new external investigation into the neighborhood platform 'Hart voor de K-buurt' following internal complaints from city officials. The foundation, which ...
Apple to raise prices due to huge demand for memory chips
Apple plans to increase its product prices due to the high demand for memory chips and subsequent price hikes by chip manufacturers. The specific timeline for when these price increases will be implem...
Housing priority for healthcare, education, and childcare
Haarlem has reopened and expanded its priority housing scheme for healthcare, education, and childcare professionals to combat regional staff shortages caused by high housing costs. The city, in partn...
Dutch parliament wants direct train between Eindhoven and Brussels
The Dutch House of Representatives has passed a motion calling for a direct train connection between Eindhoven and Brussels. Additionally, a majority of members support the introduction of a second ho...
Nuclear power plants only seem possible in Eemshaven, Groningen province strongly opposed
Grid operator TenneT has advised the Dutch cabinet that Eemshaven in the province of Groningen is the only technically feasible location for the construction of two new nuclear power plants. The provi...
More long-term sick employees sidelined: 10 percent increase since 2022
The number of long-term sick employees has increased by 10 percent since 2022, totaling over 900,000 people. This growth significantly outpaces the 4 percent increase in the total workforce during the...
Ministry of Finance in the dark over hacker's identity and loot
The Dutch Ministry of Finance reported that the identity of the hackers behind a digital breach on March 19 remains unknown. While data was likely stolen during the incident, Minister Eelco Heinen sta...
Is football going the American way with commercial ‘drink breaks’? ‘They are the top prize on the rate card’
NOS Sport's Xander van der Wulp explains that commercial advertisements during World Cup drink breaks are an optional but lucrative choice for broadcasters rather than a FIFA requirement. These breaks...
More passengers at Schiphol in May despite Gulf region unrest
Schiphol Airport saw an overall increase in passenger numbers in May compared to the previous year, despite a significant drop in travel to and from the Middle East. Airlines are currently avoiding se...
Supermarket Vomar also donates to charity after misleading price promises
Supermarket chain Vomar donated 46,500 euros in grocery cards to the SchuldHulpMaatje charity after the Dutch Consumers Association challenged its misleading price guarantee slogans. The organization ...
Amsterdam to get one of the largest AI startup hubs: ‘We have world-class AI talent here’
What question would you ask the leaders of the three largest unions?
A Dutch news outlet is inviting readers to submit questions for the chairpersons of the three largest trade unions, FNV, CNV, and VCP. These leaders will be interviewed ahead of a scheduled public tra...
Province takes over potentially contaminated land from Schiphol
The province of Noord-Holland acquired land from Schiphol Airport through a swap that may be contaminated from a 2008 PFOS leak. Although SchipholWatch warns of a potential million-euro liability, pro...
Oil and European gas prices fall after signing of Iran deal
Oil prices dropped on Thursday morning following a new agreement signed between the United States and Iran. Brent crude, the benchmark for Middle Eastern oil, decreased in value by more than 2 percent...
NS to alert passengers when summer ticket promotion expires
The Dutch railway company NS will notify passengers when their discounted summer subscription is nearing its end. This initiative aims to prevent travelers from accidentally paying full price for a su...
Brussels blows up Box 3: 'Truly radical, this will cost the treasury billions'
The European Commission is set to propose new rules that will make investing through private limited companies significantly more lucrative, potentially undermining the Dutch 'box 3' wealth tax system...
Despite Iran deal, inflation expected to rise to 3.4 percent
Despite a decline in oil and gas prices following the Iran agreement, EU inflation is expected to rise to 3.4 percent by the fourth quarter. Businesses and citizens are predicted to continue bearing t...
Banned rat poison easily ordered online
Highly toxic rodenticides are easily accessible online despite regulations restricting their use to certified professionals only. These substances are banned for public sale due to their extreme toxic...
Called off by your boss due to bad weather? You are still entitled to pay
The article discusses the legal rights of hospitality workers in the Netherlands who are employed on zero-hour contracts. It explains that these on-call workers are often entitled to pay even when shi...
Put out-of-school children at the top of the education agenda
The parent association Balans is taking legal action to address the crisis of at least 70,000 children staying home and another 280,000 receiving insufficient education. The organization highlights ho...
Ships depart Iranian ports after blockade lifted
Iranian international shipping is resuming after a deal between Iran and the United States lifted a blockade on Iranian ports. State media reports that several ships have already left or returned to t...
Growing mismatch in Amsterdam housing market: rising demand for social and luxury homes as supply lags
Roemer (21) went from house to house: ‘I saw rooms with two bunk beds, 800 euros per bed’
CPB: Limited impact of higher energy prices on most households
The Netherlands Bureau for Economic Policy Analysis (CPB) reports that the financial impact of rising energy and fuel prices due to the Middle East conflict is limited for most households. However, lo...