Economy News in English
Latest economy headlines from Dutch news, translated into English.
Dutch Rammstein concert promoter strikes mega deal with US entertainment giant
Dutch concert promoter Greenhouse Talent has formed a strategic partnership with the global entertainment giant AEG Presents. The company will retain its current management and brand name while gainin...
EU needs answers on Ukraine, high interest rates and energy prices; what will the EU chief present tomorrow?
European Commission President Ursula von der Leyen will deliver her State of the European Union address this Wednesday. The speech is expected to address critical ongoing challenges including the conf...
Prinsjesdag 2026: what the Budget Memorandum means for Amsterdam
The 2026 Dutch budget offers Amsterdam increased funding for housing construction and innovation but faces criticism from city officials for insufficient investment in climate, mental healthcare, and ...
Prinsjesdag 2026: what the Budget Memorandum means for Amsterdam
The Dutch government’s 2026 budget introduces increased near-term funding for municipalities but signals future budget cuts, impacting Amsterdam's long-term financial planning. While the city welcom...
Why tech bosses want a pause in AI development: We could lose control
Leading AI CEOs and researchers have collectively called for a pause in the development of advanced artificial intelligence systems. They expressed concerns regarding the potential loss of human contr...
What Prinsjesdag 2026 means for your wallet
The 2026 Dutch budget plans feature a slight decline in average purchasing power, with changes affecting fuel, aviation, alcohol, and water taxes. Healthcare costs are expected to rise through increas...
Those hoping for lower energy bills will have to take action themselves: cabinet will not provide relief
The Dutch government has ruled out energy price caps or tax cuts despite a significant surge in gas and electricity rates. Households are expected to manage rising costs independently by investing in ...
Minister Vijlbrief: Review unemployment benefit cuts for older workers unable to find jobs
Minister Hans Vijlbrief is willing to adjust plans to halve unemployment benefits to better support older workers who struggle to find new employment. The minister hopes this concession will encourage...
See here what the cabinet's plans do to your purchasing power
Proposed cabinet measures suggest that most households in the Netherlands may face reduced purchasing power by 2027 if the plans are passed. While some families might see relief through childcare subs...
Council of State critical of lack of climate plans: We have already wasted a lot of time
The Council of State has criticized the Dutch government for insufficient climate policy, warning that the nation is currently off track to meet its 2030 and 2050 environmental targets. The advisory b...
What will you notice from the cabinet's plans? Ask our experts your questions
Following the release of the Miljoenennota and the national budget, AD readers are invited to participate in a live Q&A session tomorrow between 12:00 and 13:00. During this event, experts will answer...
Most people will be slightly worse off next year if the plans go ahead
Most households in the Netherlands could face a slight decline in purchasing power by 2027 due to proposed tax increases and policy changes, according to the Centraal Planbureau. While working individ...
This is what the cabinet is doing with your wallet: gifts now, a bill later
The Dutch cabinet's new budget provides minor purchasing power relief but introduces a net tax increase for citizens to fund defense and bridge fiscal gaps. While wage taxes rise, labor remains more h...
Prinsjesdag plans outlined: healthcare deductible towards 400 euros, money for first-time buyers and new radios for soldiers
The Dutch government has announced its Prinsjesdag budget, featuring an increase in the annual healthcare deductible to 400 euros and significant investments in housing and defense. The plans also inc...
Unions and employers very gloomy about cabinet's budget plans
Dutch employers and labor unions have voiced strong criticism of the cabinet's budget plans, citing concerns over economic competitiveness and social security cuts. Employers warn that the current pol...
Saudi oil exports hindered by pipeline attack and Houthi advance
Saudi Arabia's oil exports are facing severe disruptions after a drone attack damaged the critical East-West pipeline, with repairs expected to take several weeks. Concurrently, Houthi rebels in Yemen...
NS makes exception: passengers get money back for delays caused by malfunctions
NS is offering compensation to passengers affected by Tuesday's train delays caused by reported sabotage at 27 locations across the Netherlands. While sabotage is typically considered a force majeure ...
Farmer leader explains burning hay bales during Speech from the Throne: 'We are being smoked out'
Dutch farmers burned hay bales along highways during the Speech from the Throne to protest government nitrogen policies that threaten their livelihoods. Separately, authorities are investigating large...
Cleaners strike for second day, Schiphol and stations see little impact
Cleaners at Schiphol and Dutch train stations have launched a week-long strike, though the impact on operations remains limited. The protest follows the FNV union's rejection of a new collective labor...
Gasoline prices soar again, nearing last week's record
Fuel prices in the Netherlands have increased significantly, with diesel nearing its record high amid global market instability. The rise is primarily linked to a drone attack on a key Saudi Arabian o...
LIVE Q&A: Ask your questions about the traditions and customs of Prinsjesdag
Journalists hosted a live Q&A session to answer public questions about the history, traditions, and political context of Prinsjesdag in the Netherlands. The discussion clarified various aspects of the...
Buying a home is becoming increasingly difficult in Spain as well
Spain is facing an intensifying housing crisis as property prices continue to rise due to insufficient construction and growing population demand. The European Commission has proposed new legislation ...
Trump scraps CO2 limits for US power plants
The Trump administration has moved to repeal carbon dioxide emission limits for U.S. power plants, citing high costs and economic obstacles for the energy sector. Environmental groups strongly oppose ...
From energy poverty to Zuidasdok: these are the key topics for Amsterdam on Budget Day
Amsterdam officials are closely watching the upcoming Prinsjesdag budget announcement to determine national funding levels for the city. Key local concerns include securing financial support for the Z...
Tech companies have more debt than before, some of which is 'invisible'
Major tech companies have accumulated trillions in off-balance-sheet liabilities through long-term infrastructure and data center contracts. While experts believe these firms remain stable, the potent...
Business travelers surprised by rising tourist tax: ‘It’s becoming increasingly difficult for us to stay in the city’
Business travelers attending events in Amsterdam are criticizing the city's rising tourist taxes and VAT rates. Many visitors feel these increased costs are hindering professional attendance and impac...
Dutch Tax Authority seizes Ferry Doedens' house over debts
The Dutch Tax Authority has placed a lien on Ferry Doedens' home due to unpaid debts, a move compounded by similar actions from his apartment building's homeowners' association. The actor, known for h...
Joachime places flowers by the throne and fears a pricier bouquet: ‘Doesn't everyone love flowers?’
The Dutch flower industry faces a potential tax increase as leaked plans suggest raising the VAT on cut flowers from 9 to 21 percent. Florist Joachime Hutten expressed disappointment regarding the pro...
AI makers use doomsday scenarios to push for regulations that strengthen their position
Major AI industry leaders are calling for slower development and increased regulation, citing potential existential risks from advanced superintelligence. Critics argue this approach serves as a strat...
India can sell more steel to Europe, but CO2 tax remains
India has secured a trade deal allowing a fixed quota of its steel to enter the European Union under favorable terms. However, all steel exports, regardless of this quota, remain subject to EU carbon ...