Economy News in English
Latest economy headlines from Dutch news, translated into English.
Economic growth lower due to war in the Middle East
Economic growth in the Netherlands is projected to be lower than expected this year due to the conflict in the Middle East and rising energy prices. Increased consumer uncertainty has led to a decreas...
DNB: Inflation to 4.6 percent in worst-case scenario, but damage to the Netherlands is also limited
According to De Nederlandsche Bank (DNB), Dutch inflation could rise to 4.6% next year in a worst-case scenario. However, the overall economic impact is expected to be limited because the country has ...
NS plans six daily trains between Amsterdam and Germany's Rhine-Ruhr region
‘Do you hate capitalism?’ Housing Alderman Zita Pels was asked at Provada
Italian police bust three illegal streaming networks just before World Cup
Italian police have dismantled three illegal streaming networks in the southern city of Crotone just before the World Cup. Four suspects face charges of digital piracy and money laundering, with autho...
Ecuador lowers beer prices during the World Cup: 'Extra support for the team'
Ecuadorian President Daniel Noboa has temporarily removed taxes on beer and light alcoholic beverages during the World Cup, leading to a price drop of over 20 percent. This fiscal measure is intended ...
Well House at Zuidas was to be one of the tallest timber offices, but investor NSI pulls the plug
NASA criticized over male Artemis III crew: 'Artemis is Apollo's twin sister'
NASA is facing public backlash and disappointment on social media following the announcement of an all-male crew for the Artemis III mission. The mission serves as a preparatory flight for the first A...
Everyone will soon be able to buy a piece of SpaceX: 'You are mainly buying an expectation'
SpaceX, led by Elon Musk, is preparing to allow retail investors to buy shares in the company. Financial experts warn that the investment carries significant risk, as it is based on future expectation...
Number of welfare recipients rises again, especially among young people
The number of welfare recipients in the Netherlands rose to 411,000 in the first quarter of 2026, an increase of 1,000 people compared to the previous three months. Preliminary data from Statistics Ne...
Argentine football fans denied US visas receive free TVs
Argentinian football fans who were denied visas to travel to the United States to watch Lionel Messi play have received free televisions from the brand Noblex. The promotion aims to compensate for the...
Work continues at advertising agency KesselsKramer despite bankruptcy: ‘We don’t know yet what will happen’
Sjoerdsma faces ‘big problem’ without safety cable, according to PRO
Minister Sjoerd Sjoerdsma faces structural challenges regarding development aid unless its funding is re-linked to the size of the economy, according to PRO party representative Suzanne Kröger. PRO h...
Fat Phill’s fast food restaurant in Heerhugowaard bankrupt within 18 months. ‘Negative reviews? I have them in Hoofddorp too and it’s doing well there’
The Fat Phill’s franchise in Heerhugowaard has been declared bankrupt less than 18 months after its opening in the Middenwaard shopping center. Despite the closure, the owner noted that other locati...
Why the cabinet is considering a ‘golden share’ in shipbuilder Damen: five questions about a possible deal
The Dutch government is considering acquiring a stake or 'golden share' in shipbuilder Damen Naval to support the production of essential naval frigates. This potential deal aims to foster closer coop...
Dutch Tax Administration to manage and maintain VAT system in-house
The Dutch Tax and Customs Administration will manage and maintain its new VAT system internally instead of outsourcing those tasks. Secretary of State Eelco Eerenberg informed Parliament that while th...
Musk virtually visits ASML, but employee banner is clear: ‘Fuck Musk’
Elon Musk virtually joined ASML CEO Christophe Fouquet for a discussion at the Brabanthallen in Den Bosch on Thursday. While many employees watched the event online or in person, some expressed their ...
Billionaire Elon Musk does it again: Investors flock to loss-making SpaceX IPO
Elon Musk is preparing to take his aerospace company SpaceX public, drawing significant interest from investors despite the firm currently being loss-making. This move mirrors the earlier public offer...
After 58 years, the curtain falls for Groots Herenmode in Beverwijk. Jelle Nuijen closes his menswear store: 'I'm going to miss all my customers'
Jelle Nuijen is closing his men's clothing store, Groots Herenmode, in Beverwijk after 58 years of operation. The 77-year-old owner expressed that he will deeply miss his customers as the well-known s...
Hospitality venues cannot show World Cup matches for free
Dutch Culture Minister Rianne Letschert announced that hospitality businesses will not be able to broadcast World Cup matches for free. The mandatory fees paid to the national broadcaster NOS for publ...
EU presidency Cyprus proposes lower EU budget, Netherlands against
Cyprus, acting as EU chair, has proposed a slightly reduced EU multi-annual budget of 1.95 trillion euros for the 2028-2034 period. Dutch Finance Minister Eelco Heinen reacted by stating that the prop...
Amsterdam tightens procurement policy, but ‘this is no Israel boycott’
Poultry allowed outside again in Gelderse Vallei: Nationwide housing order lifted
The nationwide confinement obligation for poultry in the Netherlands has been lifted after bird flu risks subsided. The final restrictions were removed in the Gelderse Vallei, a region with a high den...
New rules make it easier to cancel online purchases
Starting June 19, webshops and apps are required to provide a clearly visible cancellation button for consumers. This new regulation aims to make the process of canceling online purchases easier and m...
Poultry housing order also lifted in Gelderse Vallei
The Dutch government has lifted the nationwide housing requirement for poultry after experts assessed the risk of bird flu as moderate to low. The final restrictions were removed in the Gelderse Valle...
Haarlem coalition agreement presented: parking to become more expensive, 15,000 homes to be added
The new coalition agreement for Haarlem, formed by PRO, D66, and CDA, outlines plans to build 15,000 new homes and increase parking fees. The agreement also includes the implementation of a "tile team...
Alderman on massive cost increase for bridge over the IJ: "I also had to swallow hard"
Amsterdam's Alderman for Mobility, Elise Moeskops, expressed shock over reports that the projected cost of the new bridge over the IJ has nearly tripled, potentially reaching 850 million euros. Origin...
Alderman on massive cost increase for IJ bridge: I also had to swallow hard
Amsterdam Alderman Elise Moeskops expressed shock as the estimated cost for the new bridge over the IJ has risen from approximately –340 million to between –650 million and –850 million. During ...
British investigation into Ryanair over high costs of travelling with children
The British competition authority is investigating Ryanair over its policy requiring at least one parent to pay for a seat to sit next to their child. The investigation focuses on the mandatory costs ...
Busy World Cup days barely increase hospitality revenue
Dutch catering entrepreneurs expect busy days during the World Cup, as 170 municipalities have permitted pubs and cafes to extend their opening hours. However, business owners anticipate that the incr...