Economy News in English
Latest economy headlines from Dutch news, translated into English.
Canada imposes tariffs on billions of euros in US goods
Canada has announced import tariffs on American goods valued at approximately 17 billion euros in retaliation for duties imposed by the Trump administration on Canadian products. The measures target a...
Rain prevents further shipping issues to Rotterdam port
Recent rainfall in the Rhine basin has prevented further disruptions to shipping traffic bound for the Port of Rotterdam. However, the Port of Rotterdam Authority states that shipping conditions have ...
Venetian island with Napoleonic fort put up for sale
An island off the coast of Venice featuring lush gardens and a fort commissioned by Napoleon Bonaparte has been listed for sale. The property offers a unique historical site with significant architect...
Lego closes first half with record revenue and sees profits rise by 32 percent
Lego reported a record revenue of 5.6 billion euros for the first half of 2026, marking a 21 percent increase compared to the previous year. The Danish toy manufacturer also saw its profits grow by 32...
Ryanair slams Jetten cabinet over 'failing' aviation policy
Ryanair has criticized the Dutch government for its aviation policy, specifically targeting the national flight tax. The airline described the levy as a fake green tax and urged for changes to the cur...
Cancellations and delays on German long-distance trains are increasing
Deutsche Bahn has reported an increase in cancellations and delays for long-distance train services during the first half of this year. Nearly 8 percent of these trips experienced a partial or full ca...
Bol can ship orders on time again after nearly three weeks
Online retailer Bol has resumed on-time shipping for all orders nearly three weeks after a cyberattack hit its logistics partner, CEVA. The attack previously caused significant delays and cancellation...
LEGO profits from World Cup and overtakes Barbie maker Mattel
LEGO has gained significant market share over the past six months due to popular new themes, including a replica of the FIFA World Cup trophy and various pop culture sets. This growth has allowed the ...
Scammers strike during transition from iDeal to Wero: Fraud Helpdesk warns of phishing emails
The Dutch Fraud Helpdesk has issued a warning regarding a new phishing campaign targeting users during the transition from iDeal to the new European payment system, Wero. Scammers are sending fraudule...
Sander and Maartje think they are saving, but are just parking their money elsewhere for a while
A Dutch couple, Sander and Maartje, struggle to build savings despite having a steady income and no debts. Although they set aside 400 euros each month, they consistently transfer the money back to th...
Strait of Hormuz increasingly empty: only two ships passed through on Monday
Shipping traffic through the Strait of Hormuz has dropped to its lowest level since May, with only two vessels passing through on Monday. This decline occurs amid threats from Iran to take measures ag...
Why are there protests at Schiphol security checkpoints, despite airport intervention?
Trump raises tariffs on Canadian cars and steel to 50 percent
Starting January 1, the United States will increase import tariffs on all Canadian cars and steel from 25 percent to 50 percent. This policy change represents a significant doubling of the existing ta...
Bitcoin continues to rise, reaching $80,000 for the first time in months
The price of Bitcoin has risen to over 80,000 dollars, marking its highest value since mid-May. This surge in interest follows recent interventions by the United States government in the bond market.
NS introduces cheaper train tickets during off-peak hours
Starting Tuesday, the Dutch railway company NS is introducing cheaper train tickets for passengers who travel outside of peak hours. This initiative aims to reduce crowding by encouraging travelers to...
Eline (30) earns 2,650 euros and has a student debt of 50,000 euros: ‘I don’t want moving in together to be purely a financial choice’
US takes far-reaching economic measures against Iran
U.S. Treasury Secretary Scott Bessent announced that the United States is launching an economic offensive against Iran. The measures also extend to any nations that assist Iran with money laundering a...
Pride dominates in Zandvoort, door remains always open for Grand Prix return
Following the conclusion of the final Formula 1 event in Zandvoort, Mayor David Moolenburgh expressed pride in the positive impact the races had on the town's infrastructure and image. While no furthe...
Bijenkorf webshop fully operational weeks after cyberattack
The Bijenkorf webshop has returned to full functionality following a cyberattack at a logistics partner earlier this month. The incident had previously caused temporary ordering issues for many produc...
Schiphol security staff to hold first work stoppages on Tuesday and Wednesday
Schiphol security staff begin strikes: first walkouts on Tuesday and Wednesday
Security staff at Schiphol Airport are launching a series of short work stoppages on Tuesday and Wednesday to protest against high workload levels. The planned actions consist of fifteen-minute strike...
Almost a quarter of cars sold are already 16 years or older: why used cars are so popular
Nearly a quarter of all cars sold in the Netherlands last year were sixteen years old or older, marking a record high. Experts are analyzing why these older vehicles have become increasingly popular a...
Smaller products reappear in supermarkets without price drops
The Dutch Consumers' Association found that dozens of supermarket products decreased in size last year without a corresponding price reduction. While manufacturers often attribute these changes to imp...
Potential buyers know Ajax needs to offload certain players
Italy to fine pedestrians for crossing while using mobile phones
The Italian Ministry of Transport plans to introduce fines for pedestrians who use their mobile phones while crossing the street. This measure is intended to improve road safety by reducing dangerous ...
Singapore wants more babies and allocates nearly 50,000 euros per child
To combat a declining birth rate, the Singaporean government is introducing a financial incentive of nearly 50,000 euros for every newborn child. This funding will be distributed incrementally rather ...
Labor Inspectorate imposes 316,875 euro fine on luxury gym Saints & Stars
Dutch Consumers' Association still finds dozens of examples of shrinkflation: ‘Persistent problem’
The Dutch Consumers' Association, Consumentenbond, reports that 'shrinkflation' remains a persistent issue in supermarkets. Manufacturers continue to reduce product package sizes while keeping prices ...
Gold has not been this expensive in three months
The price of gold has reached its highest level in over three months. This increase follows the announcement of intervention measures by the US Department of the Treasury in the government bond market...
Millions of Tesla vehicles recalled in China over door handle issue
Chinese authorities have ordered the recall of nearly 3 million Tesla vehicles and 1 million other electric cars due to safety concerns regarding flush door handles. The design is deemed problematic f...