Economy News in English
Latest economy headlines from Dutch news, translated into English.
Gas and oil prices rise again after new US attacks on Iran
Natural gas and oil prices increased on Tuesday following a decline the previous day. The price hike was triggered by new United States military attacks against Iran on Monday evening, which have dimm...
State Secretary blocks takeover of company behind DigiD
Dutch Secretary of State Willemijn Aerdts has banned the acquisition of Solvinity, the company responsible for the DigiD system, by the American firm Kyndryl. The decision was made following advice fr...
Report: Undermining erodes the foundations of society
A new report warns that organized crime is undermining the foundations of society, posing significant threats to political and economic stability. The findings highlight growing risks that are expecte...
KLM strike threat over: pilots to get 3.25% pay rise
KLM pilots have reached a preliminary agreement on a new collective labor agreement, ending the threat of industrial action after more than a year of negotiations. The deal includes a 3.25 percent sal...
2025 a new record year with 25,000 truckloads of electronic waste
In 2025, the Netherlands achieved a new record for collecting electronic waste, including appliances, lamps, and batteries. According to Stichting OPEN, this marks the fifth consecutive year of record...
Households rush to request extra power: fear new cooktops, heat pumps, or electric cars won't be possible after July 1
Dutch households are rushing to request additional power grid connections before new rationing measures take effect on July 1. This surge is driven by concerns that future installations of equipment l...
Municipalities and provinces: more funding needed for infrastructure
Dutch municipalities and provinces are urging the national government to increase funding for the maintenance and replacement of infrastructure such as roads, bridges, and locks. A report by consultan...
Young people can increasingly apply for jobs via text or Instagram: ‘Otherwise they lose interest’
Companies are increasingly allowing young job seekers to apply via WhatsApp or social media to prevent them from losing interest due to traditional application methods. This shift toward concise, info...
Coffee has become much more expensive in recent years, big differences between brands
Research by the Consumentenbond indicates that supermarket coffee prices have risen significantly over the past five years. The study highlights a substantial price gap between premium A-brands and pr...
Ferrari presents its first electric car: the Luce
Ferrari has unveiled the Luce, its first fully electric sports car featuring four electric motors. The new vehicle is expected to be priced at approximately 550,000 euros.
Number of mega-farms increasing according to Wakker Dier
The number of mega-stables in the Netherlands is increasing despite an overall decrease in the total number of farms. According to Wakker Dier, this trend is caused by scaling as small farmers quit an...
Summer holiday? For two-thirds of the Dutch, it is a major financial challenge
A poll reveals that over two-thirds of people in the Netherlands find it financially difficult to go on holiday during the school summer break. Due to inflation and rising costs at hotels and campsite...
Municipality less likely to intervene over homeless tents
The municipality of Amsterdam is taking longer to remove improvised tents used by homeless people, many of whom are labor migrants from Eastern Europe. New protocols require officials to prioritize ca...
Sûr Atelier nominated for Appeltje van Oranje: Haarlem initiative aims to challenge fast fashion and break the cycle of poverty
Sûr Atelier, a clothing studio based in Haarlem, has been nominated for the Appeltje van Oranje award for its efforts to break the cycle of poverty. The initiative has operated for over ten years, pr...
Municipality slower to intervene against homeless tents
The city of Amsterdam is taking longer to clear homeless tents as it implements a new policy that prioritizes social care assessments and health services over immediate eviction. This approach targets...
Fund: Municipal absenteeism highest in over 20 years
Absenteeism among personnel at Dutch municipalities rose to 7.1 percent last year, the highest level in over twenty years. The figures were reported by A&O fonds Gemeenten, which tracks employment dat...
Construction of new children's center and 90 homes at De Velst feasible, criticism of developer's profit maximization unfounded
A feasibility study has confirmed that constructing a new child center and 90 residential units at the De Velst site in Heemskerk is viable. This finding addresses previous concerns and criticism rega...
Teacher Jonell (30) earns 2,925 euros: ‘Amsterdam feels like a city with an expensive standard’
What will Schiphol’s A-pier cost travelers? Next lawsuit over construction fiasco looms
Iranian delegation arrives in Qatar for negotiations
A high-level Iranian delegation, including Parliament Speaker Mohammad Bagher Ghalibaf and Foreign Minister Abbas Araghchi, arrived in Doha, Qatar, on Monday for negotiations. The delegation also incl...
Welfare union marks 50th anniversary: "Prejudice that they are all freeloaders"
The Bijstandsbond is celebrating its 50th anniversary in Amsterdam, marking its history as an advocacy group for welfare recipients. Originally a national organization founded in 1976, it now provides...
AEX hits new record after reports of nearing Iran-US deal
The AEX index in Amsterdam hit a record high on Monday following reports of a potential peace agreement between the United States and Iran. Investors are hopeful that a deal will reopen the Strait of ...
Security, cleaning, baggage: Schiphol wants an end to chaos and fragmentation, but lacks a clear view of what is really happening
Schiphol Airport is attempting to address operational chaos and poor working conditions by reforming its long-standing practice of outsourcing services like security and baggage handling. Recent disru...
Shoes completely dismantled for recycling in Heerhugowaard: ‘Look how many shoes you have. We are walking on a problem every day’
FastFeetGrinded in Heerhugowaard processes thousands of old shoes per hour into reusable raw materials to help the European fashion industry become fully circular. As a leader in recycling, the Nether...
Six new homes in Bennebroek, but once again none in social housing
The Bloemendaal municipal council has approved the construction of six new apartments at Rijksstraatweg 18 in Bennebroek, replacing a site previously intended for retail space. The project aims to pro...
Number of self-employed remains high despite stricter Tax Authority checks
The number of self-employed workers in the Netherlands, particularly in the healthcare and construction sectors, saw a slight increase during the first quarter of the year. This growth persists despit...
Reader's question: Company increases heat pump bill by 25% without consultation. Is it allowed?
A homeowner faced a surprise price increase when an installation company billed over €8,200 for a heat pump initially quoted at €6,500. The article addresses the legal limitations on price hikes a...
BP gas station likely to go. Geesterduin, one of Castricum's largest construction projects, moves a step closer
Developer Hoorne Vastgoed has reached an agreement with BP to remove a gas station at Geesterduin in Castricum, clearing a major hurdle for a large residential project. The Geesterduin 2.0 development...
Oil prices fall more than 5 percent on Iran deal hopes
Oil prices have fallen by more than 5% amid hopes for a deal between the United States and Iran to end conflict. Additionally, Asian markets experienced slight gains following these developments.
