Economy News in English
Latest economy headlines from Dutch news, translated into English.
This degree makes you the most popular with employers
Recent data from the career platform Magnet.me reveals that graduates in fields like strategy, entrepreneurship, and innovation are currently in the highest demand among employers. While business-rela...
Dutch Lottery launches new legal attack on illegal gambling site
The Nederlandse Loterij has initiated legal action against the illegal gambling site Skyhills for targeting Dutch users, particularly youth, without providing necessary player protections. The organiz...
Higher healthcare costs and pension spending widen government budget deficit
The Netherlands reported a widened budget deficit in 2025, reaching 18.9 billion euros due to rising costs in healthcare, state pensions, and social welfare programs. Although government tax revenues ...
Inflation remains virtually stable last month, Dutch people pay 3.3 percent more than a year ago
Inflation in the Netherlands remained relatively stable in August, rising slightly to 3.3 percent compared to 3.2 percent the previous month. This upward trend is primarily driven by rising energy and...
Cheap gasoline, 400-gram schnitzels and rock-bottom supermarket prices: this village is just mimicking Germany
Entrepreneurs in the Dutch village of Gendt are attracting bargain-hunting customers by offering low fuel prices, large schnitzels, and affordable groceries. The initiative aims to replicate a German-...
Groceries only slightly more expensive, yet consumers feel the pinch
Although official figures indicate that supermarket price increases in the Netherlands have been modest, a large majority of consumers feel that grocery costs have risen significantly. As a result, ma...
Shein shares tumble in Hong Kong stock market debut
Fashion retailer Shein saw its share price fall by 10 percent during its Hong Kong stock market debut, achieving a valuation of 26 billion dollars. The company intends to use the 1.7 billion dollars r...
Single man (61) earns 3,820 euros a month: ‘My house cost 142,000, why would I ask more for it?’
Mark van der Ploeg, a 61-year-old resident of Amsterdam-Oost earning 3,820 euros monthly, has voiced concerns over the city's unaffordable housing market. He believes current prices place unfair press...
Amsterdam taxi drivers launch their own app to compete with Uber: This is a win-win, better for us and better for the passenger
Taxi drivers in Amsterdam have launched their own ride-hailing app to compete with Uber and avoid high commission fees. The initiative seeks to provide a better service for passengers while allowing l...
Rijkswaterstaat stands firm: nighttime shipping restrictions on Amsterdam-Rhine Canal will proceed
Rijkswaterstaat will implement nighttime shipping restrictions on the Amsterdam-Rhine Canal starting tomorrow due to critical staff shortages. The measure bans large vessels and those carrying hazardo...
Poor timing by parcel giant Shein will cost ‘invisible’ owner Xu 15 billion dollars
Chinese e-commerce giant Shein is preparing for its initial public offering on the Hong Kong Stock Exchange. The company's valuation has dropped significantly from $100 billion to an estimated $25 bil...
Agricultural prices rise rapidly due to war and extreme weather
Global agricultural commodity prices have seen their sharpest monthly increase in over a decade, driven by geopolitical conflicts and adverse weather patterns. While this trend threatens to eventually...
US oil sector pumps more oil with fewer people
The United States oil sector is producing 13.8 million barrels of oil per day, a 4 percent increase since the start of Donald Trump's second term. Despite this growth, the industry has cut nearly 13,0...
Rhine rises again due to rain, but shipping problems persist
Recent rainfall has caused a temporary rise in Rhine water levels, providing slight relief for inland shipping. Despite this, vessels still cannot operate at full capacity, and experts expect water le...
Three Peter Gillis holiday parks forced up for sale
Three holiday parks owned by Peter Gillis have been placed for forced public auction after he defaulted on a 20 million euro loan provided by businessman Marc van Rooi. Gillis's legal team is attempti...
John Ternus faces huge challenge at stagnating Apple: ‘Company is no longer innovative’
John Ternus will become the new director of Apple starting September 1st. He faces the significant challenge of revitalizing the company and restoring its reputation as an innovative industry leader.
Organic supermarket bouquets to disappear after the summer
Lidl recently completed a successful pilot program selling organic flower bouquets in the Netherlands during the summer months. While the initiative was highly praised for promoting sustainable farmin...
Brussels imposes stricter rules on ChatGPT, Reddit, and Roblox
The European Union has placed ChatGPT, Reddit, and Roblox under stricter oversight due to their large user bases exceeding 45 million monthly participants in the region. These companies must now compl...
Applications for grid capacity for construction projects
Haarlem is urging developers and school boards to apply for electrical grid capacity as the network becomes increasingly constrained. Starting in October 2026, a new regulation will allow earlier appl...
Victoria Beckham fashion brand turns a profit for the first time
Victoria Beckham Holdings has reported its first operating profit since being founded in 2008, driven by a 15 percent revenue increase and disciplined cost management. The fashion brand’s minimalist...
UN committee calls for extensive reparations for transatlantic slave trade
A UN committee has called for comprehensive reparations to address the persistent economic and psychological damage caused by the transatlantic slave trade. The committee argues that current governmen...
Direct gas pipeline between the Netherlands and Norway a step closer, reducing dependence on US and Middle East
The Netherlands is advancing plans for a direct natural gas pipeline from Norway to reduce its dependency on energy imports from the United States and the Middle East. The proposed route would transpo...
Deadline for 2025 benefit applications extended by four months
The Dutch benefits agency has extended the application deadline for 2025 financial allowances by four months to help more eligible households access support. This change allows recipients to receive t...
From espionage to 99.9999 percent pure gas: how the race between China and ASML is unfolding
China is intensifying efforts to develop its own independent semiconductor production capabilities in response to American restrictions and competition with the Dutch company ASML. Experts note that C...
Dutch tax authority goes on 'camel hunt' to tackle overcrowded offices on Tuesdays and Thursdays
Employers in the Netherlands are struggling with the 'Tuesday-Thursday economy' as staff increasingly prefer working in the office on these days while choosing remote work or leave for the rest of the...
Hundreds of ships stuck off Strait of Hormuz, oil prices rise slightly
Military confrontations between the United States and Iran have led to a near-total blockade of the Strait of Hormuz, stranding hundreds of ships in the Persian Gulf. Consequently, global oil prices h...
International students ultimately contribute more money to the Netherlands
Research from the Centraal Planbureau indicates that international students provide a net positive financial contribution to the Netherlands through taxes and social premiums. While their arrival has ...
Fixed energy contract now hundreds of euros more expensive due to high gas prices
Households in the Netherlands are experiencing a sharp increase in energy costs, with new fixed contracts costing nearly 600 euros more per year than in February. This price hike is largely attributed...
Initiators cite new argument for three wind turbines: they could power 18,000 new homes in Amsterdam
Initiators are proposing three new wind turbines at Noorder IJplas to help relieve pressure on Amsterdam's overloaded electricity grid. The project could provide enough power for 18,000 homes, and sup...
Budget talks head into the evening as time runs out
Coalition parties D66, VVD, and CDA are in urgent negotiations to finalize the national budget before the Monday deadline. The government is struggling to reconcile internal disagreements while simult...