Economy News in English
Latest economy headlines from Dutch news, translated into English.
Bailiffs lead unprecedented number of debtors to support services
A pilot program involving bailiffs has successfully connected a previously overlooked group of individuals struggling with debt to support services. The initiative demonstrates how bailiffs can play a...
Why inflation is not only bad news: higher prices also make debts ‘cheaper’
Inflation is currently rising rapidly, affecting daily expenses, but it also has the advantage of making existing debts relatively cheaper. Economists note that a moderate level of inflation is essent...
Oil prices rise after further escalation in war between Iran and the US
Oil prices rose on Wednesday following a further escalation in the conflict between Iran and the United States. This increase comes after previous hopes for a ceasefire extension and the opening of th...
New coalition plans for the next four years announced today: live on AT5 from 11:30
PRO Amsterdam and D66 have reached a new coalition agreement for the city, focusing on significant budget cuts by streamlining the municipal organization and prioritizing core tasks. The agreement add...
Companies opt for AI over higher wages during labor shortages
Companies facing labor shortages are increasingly opting for automation and AI rather than offering higher wages or better working hours. While these technologies are intended to alleviate workloads, ...
Kuipers and allies want new deal on greening healthcare
Former Health Minister Ernst Kuipers and other climate advocates are calling for new government agreements to further the sustainability of the Dutch healthcare sector. They urge ministers to continue...
90 cents for five ice cubes in a plastic cup: TikTok trend hits Dutch supermarkets
Dutch supermarkets Albert Heijn and Jumbo have started selling plastic cups with ice cubes to follow a popular TikTok trend among young consumers. While the product is intended for on-the-go convenien...
'What if this goes horribly wrong?' MPs alarmed by poor inspections and lack of oversight of municipal bridges
Dutch Members of Parliament have expressed alarm over reports of neglected bridge maintenance and poor oversight across various municipalities. MPs Chris Stoffer and Lucienne Boelsma-Hoekstra warned o...
Opinion: 'A palace for civil servants on the Amstel? Placing it in Noord or the Bijlmer bridges the city’s divide'
PRO Amsterdam and D66 present coalition agreement today: what will be cut and where will they invest?
KLM and Transavia cancel flights to and from Portugal due to strike
KLM and Transavia have canceled several flights to and from Portugal on Wednesday due to a strike in that country. These cancellations affect flight schedules at Schiphol, Eindhoven, and Rotterdam air...
One hundred homes instead of fifty at Heimanshof in Zandvoort-Noord: New coalition breaks old agreement
The new governing coalition in Zandvoort, consisting of OPZ, Jong Zandvoort, and VVD, has announced plans to build 100 new homes at the former Rückert riding school site instead of the previously agr...
Castricum's 2026 budget turns out negative after all: 2.3 million in the red
The municipality of Castricum anticipates a preliminary budget deficit of 2.3 million euros for 2026, reversing earlier positive financial forecasts. These figures were presented in the framework note...
Dutch Ministry of Defense to phase out software from controversial company Palantir within two years
The Dutch Ministry of Defense plans to stop using software from the American technology company Palantir within the next two years. State Secretary Derk Boswijk stated that the government aims to tran...
Inflation will continue to rise as long as the war in the Middle East persists
Inflation in the Netherlands continues to rise due to the conflict in the Middle East, with May price increases significantly higher than in previous months. While De Nederlandsche Bank does not expec...
KLM cancels flights to Uganda after Ebola measures
KLM has temporarily suspended its flight services to and from Entebbe, Uganda, following the implementation of international travel restrictions due to an ebola outbreak in Central Africa. Although En...
New cultural and community center in East
Amsterdam is allocating 15.2 million euros to develop the Drenthhal in the East district into a new cultural and community center. The project aims to provide a dedicated space for cultural activities...
City pass also available for undocumented children next year
Starting next year, undocumented children in Amsterdam will be eligible for the Stadspas, which provides access to sports, cultural activities, and school supplies. A pilot program involving 100 child...
Six arrested for laundering 38 million euros, including accountant
Amsterdam police arrested six men, including an accountant, on suspicion of laundering at least 38 million euros linked to fraud and drug trafficking. The suspects allegedly used shell companies and f...
Six Amsterdam residents arrested for laundering at least €38 million; suspect injured by chainsaw during raid
Air traffic in Belgium halted for next few hours due to employee unrest
Air traffic to and from Belgium is suspended between 2:00 PM and 9:00 PM due to employee unrest at the air traffic controller Skeyes. This disruption, confirmed by Eurocontrol, affects all flights wit...
Koopman fishing shop in Bennebroek struggling: 'Poles and Ukrainians are our new customers'
The Koopman angling shop in Bennebroek is experiencing a decline in customers but anticipates a boost as the predator fishing season reopens on June 1st. Owners Peter Koopman and Stuart Nicholson note...
Poverty in Germany hits record: 13.3 million people below the poverty line
Poverty in Germany reached a record high in 2025, with over 16 percent of the population living below the poverty line. According to the Paritätische Wohlfahrtsverband, this affects approximately 13....
Tata Steel cuts ties with Donald Pols again after information about past
Tata Steel Netherlands has ended its association with Donald Pols, the former director of Milieudefensie, just days after he started as head of sustainability and communication. The company made the d...
ACM: Grid operator doing too little to tackle power grid congestion
The Dutch regulator ACM has ordered grid operators to take additional measures this year to address increasing power grid congestion. The regulator determined that current efforts are insufficient to ...
Why Wikipedia is still collaborating with AI chatbots despite declining traffic: ‘Our gift to the world’
Wikipedia founder Jimmy Wales explains that the encyclopedia continues to provide data to AI chatbots as part of its mission to share knowledge, despite the risk of declining site traffic. He also add...
12-year-old daughter asks for 40-euro skincare: ‘Want to prevent her from feeling less than others’
Mia and Jasper, a couple focused on improving their financial situation, are facing new challenges after their 12-year-old daughter started high school. The parents are currently navigating her reques...
Direct sleeper trains to Italy starting at the end of this year
Starting December 14, the Dutch-Belgian railway company European Sleeper will launch a direct night train service from Breda to Milan. The new route will operate three times per week, offering travele...
Amsterdam helps residents keep their homes cool
The city of Amsterdam is allocating €50,000 to help residents implement energy-saving heat mitigation measures. The funds are intended for items such as shade cloths and fans to help keep homes cool...
New Pieter Vermeulen Museum opens doors in IJmuiden and focuses on nature of Kennemerland
The Pieter Vermeulen Museum is set to open in IJmuiden on June 10th, focusing on the nature and environment of the Kennemerland region. The museum features a permanent exhibition exploring the relatio...