Economy News in English
Latest economy headlines from Dutch news, translated into English.
Foundation demands millions from ACM over Flexenergie bankruptcy
A foundation is suing the Netherlands Authority for Consumers and Markets (ACM) for at least 15.7 million euros on behalf of former Flexenergie customers. The claim alleges that the regulator failed t...
Over half of Dutch entrepreneurs feeling impact of Middle East conflict
More than half of Dutch entrepreneurs are experiencing negative impacts from the conflict in the Middle East. Rising costs for energy, transport, and procurement, combined with increased economic unce...
Judge temporarily halts Paramount's acquisition of Warner Bros.
A court has temporarily halted the merger between Warner Bros. Discovery and Paramount following a request from twelve US states. The states argue that the multi-billion dollar deal could negatively i...
US announces new 50 percent tariffs on Canadian products
United States President Donald Trump signed an executive order on Monday to impose a 50 percent tariff on various Canadian products. This new policy marks a significant change in trade measures affect...
Diesel price rises faster than gasoline due to shortages and oil supply unrest
Diesel prices in the Netherlands have risen significantly faster than gasoline prices over the past two weeks due to tight market conditions and instability in oil supply. This increase is expected to...
Fewer Dutch apples on shelves this year, but more pears
Dutch fruit growers anticipate a significant decrease in this year's apple harvest compared to last year. Conversely, the pear harvest is expected to be more abundant than in the previous season.
Sophie from Rotterdam wins Scorito World Cup pool: 'I don't actually know anything about football'
Sophie Kronenburg, a 28-year-old woman, unexpectedly won the Scorito World Cup betting pool by outperforming thousands of other participants. Despite claiming to have little knowledge of football, she...
Truck ban on Merwede Bridge costs transport sector 1.5 million euros daily
A truck ban on the Merwede bridge near Gorinchem forces approximately 18,000 trucks to take detours daily, causing significant delays. The transport sector estimates these diversions cost 1.5 million ...
What we suspected is true: refineries and oil companies are profiting from expensive diesel and gasoline
Oil companies and refineries are significantly increasing their profits amid the global Iran crisis by leveraging fluctuating oil prices. This financial gain comes directly at the expense of motorists...
ACM: motorists can save significantly by choosing a different gas station
The Authority for Consumers and Markets (ACM) in the Netherlands has reported that motorists can save significantly by comparing fuel prices. Their analysis found that prices for gasoline and diesel c...
Ryanair says planes are safe after man was sucked out of aircraft window
Ryanair has issued a statement confirming the safety of its aircraft following an incident where a passenger was pulled through a plane window during a flight. The airline has initiated contact with t...
AliExpress fined 550 million euros for unsafe products
The European Commission has imposed a record fine of 550 million euros on AliExpress for the long-term sale of unsafe toys, counterfeit items, and dangerous cosmetic products. The platform was found g...
Do you also find networking events awkward? A psychologist shares what helps
Psychologist Thijs Launspach shares practical advice on how to overcome feelings of awkwardness and social anxiety during professional networking events. The tips are aimed at helping individuals bett...
Morocco to leverage next World Cup to boost tourism industry
Morocco is preparing for its role as one of the three host nations for the 2030 FIFA World Cup. The country aims to use the tournament to significantly expand and boost its national tourism industry.
ASML makes a staggeringly large contribution to our earning capacity: how dependent does the Netherlands want to be on the company?
ASML has become a massive economic force and the largest employer in the Brainport region. This success has sparked a public debate regarding the potential risks of the Netherlands becoming overly dep...
Pedal to the metal! Pay the least at this gas station in Haarlem
Fuel prices in the Netherlands remain high, with an average cost of 2.232 euros per liter for Euro95 gasoline. A recent study by Independer highlights that these prices fluctuate daily and vary signif...
Ryanair passenger growth fails to offset rising kerosene prices
Budget airline Ryanair attracted more passengers in the past quarter by offering cheaper tickets. However, this growth in travelers was not sufficient to offset the impact of rising fuel prices on the...
Online supermarket Picnic turns a profit in the Netherlands for the first time in ten years
Online supermarket Picnic has achieved profitability in the Netherlands for the first time in ten years. However, the company is expected to report an overall loss for 2025 due to significant investme...
Dutch business sector joins forces to hire 13,500 refugees
Large Dutch companies associated with the Tent Nederland coalition hired 13,500 status holders and asylum seekers last year. These positions included both permanent roles and temporary employment cont...
My home alone has increased in value by 70,000 euros: professor sees a way out for the stalled Zuidasdok megaproject
Damen at risk of losing another major order: Belgium seeks different builder for frigates
Shipbuilder Damen, based in Vlissingen, faces the loss of a multi-billion euro contract after the Belgian Minister of Defence announced plans to seek an alternative manufacturer for two frigates. This...
Heatwaves hardly lead to staff absenteeism
Despite warnings from unions regarding the health risks of working in high temperatures, employees in sectors such as construction and hospitality are largely unaffected by heatwaves. Most employers h...
Renting a car in Ibiza is becoming expensive, if they are even available
Rental car availability on the island of Ibiza has decreased significantly, leading to a sharp rise in prices. Travelers booking for early August are now paying up to 50% more compared to the previous...
Thousands of reports of Facebook outage, also issues with Instagram
Meta-owned platforms Facebook and Instagram are experiencing widespread outages, with thousands of users reporting issues via Downdetector as of 10:00 AM. The company has not yet provided an official ...
The greenhouse | Humans persist in thinking they are above nature
In his weekly column, climate reporter Jeroen Kraan argues that human interference with nature has become so pervasive that even the natural cycle of day and night is being threatened. He criticizes t...
The Netherlands is adding ten power substations a day and they are looking increasingly stylish
The number of electrical transformer houses in the Netherlands is increasing by ten per day to meet rising energy demands. As these facilities become more common, there is a growing emphasis on improv...
Top US scientist seeks refuge in the Netherlands: 'I'm not going back'
American astronomer Kelly Holley-Bockelmann has relocated to the Netherlands after leaving her position at Vanderbilt University due to concerns over the Trump administration's policies toward science...
Shadowy world behind freelancer marketplace: ‘He drains people completely dry’
The freelance platform ProLinker is being accused of fraudulent activities, including posting fake AI-generated job vacancies and failing to pay dozens of freelancers. The platform has also been linke...
Banning products from illegal Israeli settlements is (desired) symbolism
The Netherlands intends to ban products originating from Israeli settlements in the West Bank. While European consensus remains elusive, practical challenges regarding the identification and labeling ...
Molotov cocktails and death threats: AI rage now also targeting tech bosses
CEOs of major AI companies, such as Sam Altman of OpenAI and Dario Amodei of Anthropic, are now under heavy security protection due to increasing public anger. These executives are facing threats and ...