Economy News in English

Marleen (52) is at the office by 7:15 AM to secure a spot: ‘Need for my own desk’

52-year-old Marleen reports experiencing significant stress due to a workspace shortage in her company's new office, forcing her to arrive at 7:15 AM to secure a desk. She shared her struggle with car...

Companies not yet increasing travel allowances on a large scale

A survey by ANP indicates that most companies in the Netherlands are not yet planning to increase the travel allowance for employees to 25 cents per kilometer. Many employers have either decided again...

Ruud Gullit's AI clone can speak languages but can't play football

Tech reporter Rutger Otto's weekly column examines an AI clone of Dutch football icon Ruud Gullit. The digital double is designed to speak multiple languages, though it cannot replicate Gullit's physi...

Old 100-guilder life insurance policy turns out to be worth almost nothing in 2026

Following the death of her 103-year-old mother, Ineke Barnhoorn discovered a life insurance policy taken out nearly a century ago for one hundred guilders. Now valued at less than fifty euros, the cas...

Philips management faces heavy criticism at shareholder meeting

Philips executives faced significant pressure from shareholders during the company's annual meeting. The initially relaxed atmosphere turned tense as shareholders posed a series of critical questions ...

Ziggo adds ESPN channels to basic package and raises prices for all TV customers

Starting in July, Ziggo will include all four ESPN channels in its basic television package, providing millions of households with access to Eredivisie football and other sports. As a result of this c...

Day trip to Germany by shopping bus, especially for tobacco: ‘I easily save 240 euros’

ATM bombing is a criminal craft in which the Netherlands excels

Will the cabinet be spared a new billion-euro claim? Not everyone to receive money in Box 3 affair

The Dutch government may avoid paying billions in compensation because individuals who did not object in time to the unlawful Box 3 wealth tax are likely ineligible for restitution. This development o...

Additional layoffs at Porsche as it pulls the plug on subsidiaries

Porsche is shutting down three of its subsidiaries, resulting in the elimination of 500 additional jobs at the German sports car manufacturer. The company is responding to declining sales and economic...

Foghorns, fireworks and smoke at the christening of new trawler Annie Hillina as Bloom protest group leaves early

The Dutch fishing industry celebrated the christening of the KW-170 'Annie Hillina' in IJmuiden, marking the first new Dutch freezer trawler commissioned since 2000. The event featured fireworks and s...

Judge rules against Camille van Gestel: entrepreneur found to have €120,000 in income

A Dutch judge has denied entrepreneur Camille van Gestel access to 150,000 euros for his appeal in the face mask scandal due to a lack of financial transparency. The court discovered undisclosed asset...

Work continues day and night at Heemskerk beach: 400,000 cubic meters of extra sand to keep feet dry as ‘the Netherlands gets smaller’

Approximately 400,000 cubic meters of sand have been added to the beach at Heemskerk after two weeks of intensive work. This coastal reinforcement project aims to maintain the shoreline and protect th...

Cabinet: 100 million euros to compensate firework traders

The Dutch government has allocated 100 million euros to compensate business owners affected by the upcoming fireworks ban. State Secretary Annet Bertram announced the financial support package to the ...

Investors' association VEB slams Philips management over apnea scandal: 'One of the biggest damages in history'

During the annual shareholders' meeting, the investors' association VEB sharply criticized Philips' management over its handling of the defective sleep apnea device scandal. Representing more than 25,...

How long will Yesilgöz's promises hold up?

As the parliamentary recess concludes, the Dutch cabinet aims to transition from a difficult start to establishing concrete policies. The role of trade unions is expected to be a critical factor in th...

High demand for Rheinmetall air defense systems in the Middle East

German defense company Rheinmetall reports a significant increase in demand for its air defense systems in the Middle East since the outbreak of war. The company aims to double the number of systems d...

Peter Gillis appeals tax fraud verdict

Reality star Peter Gillis is appealing a court sentence of eighteen months in prison and a €1.3 million fine for tax evasion. The ruling, issued by a court in Den Bosch, includes a six-month suspend...

Airline passengers retain right to compensation for cancellations due to high fuel costs

The European Commission has ruled that passengers are still entitled to compensation, refunds, or rebookings if their flights are canceled because of high fuel prices. High kerosene costs are not a va...

Milieudefensie should be happy its leader Donald Pols is joining Tata Steel

Donald Pols, the former leader of the environmental organization Milieudefensie, is transitioning to a position at Tata Steel. The article invites readers to participate in a poll regarding whether th...

No refund for people who did not object to Box 3 tax

The Advocate General has advised that taxpayers who failed to formally object to the box 3 levy are not entitled to a refund for overpaid taxes. If the Supreme Court adopts this recommendation, those ...

'I just want to work and earn my own money': work-study program offers new opportunities

The Amsterdamwerkt! program provides Amsterdam residents with step-by-step guidance and work-study opportunities to secure paid employment. By focusing on sectors that match individual skills, the ini...

More camping vehicles on the road, caravans especially popular

Caravan registrations in the Netherlands rose by 18 percent in March and April compared to the previous year, with 2,152 new units registered. According to industry organizations KCI and BOVAG, the su...

Beware of AI companies, expert warns: ‘They are preying on our data to feed their systems’

Former MEP Marietje Schaake warns of the growing influence and data collection practices of AI companies in her new book, The Power Code. She argues that these corporations aggressively seek user data...

Pump prices fall further after drop in oil prices

Fuel prices at gas stations continued to decline on Friday following a drop in global oil prices. The decrease is attributed to hopes for a resolution in the Middle East conflict after reports that Ir...

Bargain hunters lured by 90 percent discounts at Fonq, but it turns out to be a trap

Scammers are using fake advertisements on TikTok and Instagram to lure bargain hunters with claims of 90 percent discounts due to a supposed bankruptcy of the webshop Fonq. The Dutch Fraudehelpdesk ha...

Netherlands-based company behind taxi app fined 100 million euros for leaks to Russia

The Netherlands-based company MLU, which operates the taxi app Yango in Norway and Finland, has been fined 100 million euros for insufficient security when transferring user data to Russia. The fine f...

Painful for Nintendo and a blow for fans: Switch 2 to be slightly more expensive

Nintendo is increasing the price of the Switch 2 in Europe by approximately 30 euros, bringing the total cost to 500 euros. Additionally, the company expects to sell fewer units this year compared to ...

Reaal customers agree to investment insurance settlement; payouts can begin

Over 90 percent of Reaal customers involved in the usury policy claim have accepted a personal compensation settlement. This agreement allows for the finalization of the deal and the payout of tens of...

Heavily secured transport full of valuables from Municipal Pawnshop

On Sunday, April 19, a heavily secured transport moved 45,000 valuable items from the Stadsbank van Lening's Bijlmerplein branch in Amsterdam to other locations. The operation, which involved police e...