Economy News in English

EU: Ticket prices must be more transparent, compensation for 3-hour delay remains

The European Parliament and EU member states have reached an agreement to update air passenger rights, ensuring that travelers retain their right to compensation for flight delays of three hours or mo...

Sanne and Tom paid over 12,000 euros for childcare but did not apply for allowance

Dutch parents Sanne and Tom spent over 12,000 euros on childcare for their daughter without applying for government subsidies. Despite their high income, they chose to pay the full amount themselves t...

Germany rejects EU long-term budget 2028-2034

German Minister Günther Krichbaum announced that Germany rejects the proposed EU multi-annual budget for 2028-2034, labeling the funding levels "completely excessive." The decision was made during a ...

Ukraine attacks Moscow oil refinery

Ukrainian forces have targeted and struck an oil refinery in Moscow using long-range missiles, as reported by President Volodymyr Zelensky. Moscow Mayor Sergey Sobyanin confirmed that the facility was...

Shopping streets increasingly empty as customer focus shifts online

Online sales have grown significantly faster than physical retail revenue over the past three years, leading to a decline in traditional shopping street activity. According to an ING analysis, the inf...

Holidaymakers misled by online travel lures: bargain prices increase by hundreds of euros

An investigation by De Telegraaf reveals that major travel providers are misleading consumers with online advertisements featuring prices that are not actually available for booking. Companies such as...

More housing possible in Schoonenberg area, including Telstar stadium parking lot as an option

The municipality of Velsen is exploring the development of additional housing in the Schoonenberg area, with three potential sites identified around the Telstar stadium. This project would expand upon...

Dutch imports from Gulf region down by more than half

Dutch imports from the Gulf region decreased by more than 50% in April compared to the previous month due to the closure of the Strait of Hormuz. During this period, imports from Iraq were completely ...

Bank fraud is a major problem: 'Agree on a password with each other'

Bank fraud remains a significant problem as scammers increasingly target vulnerable groups such as seniors and individuals with limited digital or Dutch language skills. Experts suggest families estab...

First-time private sector renters spend most of their income on housing

Starters entering the private rental market in the Netherlands spend a significant portion of their income on housing costs. According to data from Statistics Netherlands (CBS), this group faces the h...

Takeaway industry addicted to plastic: more than a quarter serve banned plastic straws

A study of 101 takeaway shops across twelve cities in the Netherlands found that many businesses continue to use plastic containers and cutlery despite regulations. Over 25% of the sampled shops still...

Juliette earns 3,800 euros a month: ‘People think you don’t have to watch your spending with such a salary, but it doesn’t feel that way to me’

CoffeeRoastery on Jan Pieter Heijestraat closes after 17 years due to high rent: ‘We had the best coffee in Amsterdam’

Unclear when polluting Tata plants must close

The timeline for the closure of two highly polluting Tata Steel factories in IJmuiden remains uncertain. Currently, there is no specific date set for when these facilities will cease operations.

Unclear when polluting Tata plants must close

The Environmental Service North Sea Canal Area is investigating the revocation of operating licenses for two highly polluting coke gas plants at Tata Steel in IJmuiden. North Holland provincial deputy...

By Dennis moves from the heart of Haarlem to IJmuiden port after 27 years: ‘It is increasingly difficult for business owners to stay in the city center’

After 27 years in Haarlem's Koningstraat, Dennis Weening has moved his flower and interior shop, By Dennis, to the IJmuiden port area. He explained that the move was necessary because it has become in...

EU sees trade deficit with China hit record high

The European Union's trade deficit with China has reached a record high of approximately 1 billion euros per day, according to new figures from Eurostat. This trend is driven by high import volumes fr...

GVB services to start later Thursday due to nationwide strike

Public transport services in Amsterdam operated by GVB will start at 08:00 on Thursday due to a national strike organized by the FNV union. Travelers are warned to expect disruptions and an unpredicta...

Utrecht residents involved in massive healthcare fraud, prosecutors say: insurers defrauded of 14 million euros over years

The Dutch Public Prosecution Service (OM) alleges that several individuals from Utrecht defrauded health insurance companies and the Sociale Verzekeringsbank of more than 14 million euros. The large-s...

Supermarkets warn of possible plastic in pet food

Several supermarket chains in the Netherlands, including Lidl, Albert Heijn, and Jumbo, have issued recalls for pet food products after blue plastic fragments were discovered during quality checks. Th...

How Nike hijacks the World Cup with a spectacular football film (without paying FIFA)

Nike has launched a high-budget global marketing campaign titled 'Rip the script' to compete with rival Adidas during the World Cup. The production, which features Dutch defender Virgil van Dijk, was ...

Millions missing for IJ bridge and metro in Amsterdam public transport budget: ‘Sword of Damocles over public transport’

Patta founder on warm-up shirt featuring Dutch, Surinamese, and African symbols: ‘Sold out within a few hours’

The Amsterdam-based streetwear brand Patta designed a warmup shirt for the Dutch national football team featuring a mix of Dutch, Surinamese, and African symbols. Despite some racist reactions online,...

Iran to charge ‘service fees’ in the Strait of Hormuz

Iran's Ministry of Foreign Affairs announced that it will begin charging maritime service fees for vessels navigating the Strait of Hormuz. These fees are intended to replace tolls and are reportedly ...

Minister confirms: Buitenhuizer Bridge to remain out of service throughout 2026. 'We must stay within financial reality'

Dutch Infrastructure Minister Vincent Karremans confirmed that the Buitenhuizerbrug will remain out of service throughout 2026 due to budget constraints. In a letter to the Haarlem Yacht Club, the min...

Trump threatens high tariffs on French wine and champagne

US President Donald Trump has threatened to impose 100 percent import tariffs on French wine and champagne in response to a French tax on large American tech companies. Trump stated that the tariffs w...

VPRO cuts 58 jobs due to budget cuts

The Dutch public broadcaster VPRO is cutting 58 jobs across its media, production, and support departments due to budget cuts. As part of a broader reorganization, 14 new positions will be created to ...

ANWB Energie compensates customers for late annual statement

ANWB Energie has committed to compensating approximately 700 customers who have waited more than six weeks for their final or annual bills. This decision follows a promise made to the Dutch regulator ...

New De Toermalijn primary school building in Hillegom to be built under four floors of housing

The new building for the Waldorf primary school De Toermalijn in Hillegom will feature 33 apartments across four residential floors above the school facilities. This project on Abellalaan aims to inte...

European gas price falls after US-Iran peace agreement

European gas prices decreased on Monday following the announcement of a peace agreement between the United States and Iran. The deal is scheduled to be signed in Switzerland this coming Friday.