Economy News in English
Latest economy headlines from Dutch news, translated into English.
European Parliament takes step toward approving US trade deal
The European Parliament's trade committee has approved a portion of a trade agreement between the European Union and the United States. This decision brings the overall trade deal one step closer to f...
Ditch the phone, at Mooie Boules you learn to talk to others again: ‘We’ve forgotten how’
Mooie Boules, a company nominated for the National Entrepreneur Prize, offers nine locations where people can play jeu de boules without using their phones. Founded after spontaneous games at Amsterda...
Which company wins our Entrepreneurship Award this year? Vote for one of these nine candidates!
The public is invited to vote for one of nine small and medium-sized enterprise nominees for the National Entrepreneurship Award. The winner of this year's competition will be decided by the votes cas...
Fundraising for US weapons for Ukraine behind schedule
European allies are falling behind schedule in raising funds for the PURL procurement program, which is designed to purchase essential American weapons for Ukraine. The initiative has currently failed...
Dutch gas supply not at risk, but winter reserves nearly empty: 'No problem yet'
According to gas network operator Gasunie, the gas supply for the Netherlands and surrounding countries remains stable despite recent attacks on installations in Qatar. While the Netherlands does not ...
Oil price rises by more than 10 percent due to Middle East war
The price of Brent crude oil rose by more than 10 percent on Thursday morning following conflict in the Middle East. This price hike is attributed to the ongoing war and recent Iranian attacks on ener...
Charities chase trillion-euro inheritance
Dutch elderly are expected to leave behind a record 1,000 billion euros in inheritances, marking the largest wealth transfer in history. Charities are increasingly targeting these funds, though some e...
De Wever qualifies stance on buying Russian energy at EU summit
Belgian Prime Minister Bart De Wever clarified his position on importing Russian energy ahead of an EU summit, stating he does not seek an immediate normalization of relations with Moscow. He specifie...
New Jumbo CEO saw in first 75 days that Jumbo has lost its luster: 'We spend hours in meetings'
Jumbo's new CEO, Jesper Højer, observed during his first 75 days that the supermarket chain has become overly complex and lost its competitive edge. He aims to revitalize the company by improving pro...
Haarlem residents Alain and Karin hesitated about their trip to Cuba but went anyway: ‘We are helping the Cubans, because every peso counts’
Alain and Karin Timmers from Haarlem decided to proceed with their trip to Cuba despite the country's worsening economic crisis and fuel shortages. They believe their visit supports the local populati...
European gas price jumps 35% after attack on massive Middle East gas fields
European gas prices surged by 35% on Thursday morning following attacks on gas installations in the Middle East. The price spike was recorded at the Amsterdam gas exchange, which serves as the benchma...
Unemployment rises to highest level in four years
Unemployment in the Netherlands rose slightly to 4.1 percent in February, reaching its highest level in four years. According to Statistics Netherlands (CBS), the rate had previously remained at 4 per...
Oil prices continue to rise: petrol and diesel more expensive again in the Netherlands
Oil prices have increased following attacks on major energy facilities in the Middle East, including a key gas production site in Qatar. This has led to a subsequent rise in the recommended prices for...
Fishermen caught between hope and fear: High fuel prices make fishing barely profitable
High fuel prices have made fishing activities barely profitable, leaving Dutch fishermen facing significant financial uncertainty. Jan Visser, working on his shrimp cutter in the IJmuiden harbor, exem...
Iran shells Qatar gas facilities again
Iranian missiles struck Qatar's primary gas production hub, Ras Laffan Industrial City, during the night between Wednesday and Thursday. This marks the second consecutive day of attacks by Iran on the...
Macron calls for end to attacks on civilian infrastructure in Gulf region
French President Emmanuel Macron has called for an immediate halt to attacks on civilian infrastructure in the Gulf region following the shelling of gas production facilities in Iran and Qatar. Macron...
WaPo: Pentagon wants $200 billion for war against Iran
The Pentagon has requested the White House to seek an emergency budget of over $200 billion from Congress for a potential war against Iran. According to The Washington Post, this information comes fro...
EU leaders to call Orbán to order over Ukraine loan veto
EU leaders anticipate that a 90 billion euro loan for Ukraine will be stalled at Thursday's summit because Hungarian Prime Minister Viktor Orbán is expected to maintain his veto. The leaders intend t...
Jumbo brings back meat promotions two years after stopping them
Dutch supermarket chain Jumbo is reintroducing temporary discounts on fresh meat, reversing a decision made earlier to stop such promotions. The company stated it is bringing back the deals because th...
Nearly 1,000 damage reports after Drenthe earthquake
The number of damage reports following two earthquakes near the Eleveld gas field in the province of Drenthe has risen to 955. This represents a significant increase from the 630 reports previously re...
More lawyers in the Netherlands, legal aid sector continues to shrink
The total number of lawyers in the Netherlands increased by more than 1.5 percent to 19,046 last year, according to the Netherlands Bar Association (NOvA). Despite this overall growth, the number of l...
Rutte assures: NATO countries discussing breaking Hormuz blockade
NATO Secretary General Mark Rutte announced that member nations are exploring options to end the Iranian blockade of the Strait of Hormuz. He emphasized that there is a unanimous agreement within the ...
Gas supply to Iraq halted after attack on Iran's largest gas field
Iranian gas supplies to Iraq have been completely halted following an attack on the South Pars gas field in southern Iran. The field is the world's largest and is vital to Iraq's infrastructure, provi...
Electric cars save 2.3 million barrels of oil per day worldwide
According to a report by Bloomberg, the global use of electric vehicles resulted in a saving of 2.3 million barrels of oil per day in 2025. This reduction is particularly driven by the increasing popu...
Media: Huge gas field in Iran attacked
Iran has accused the United States and Israel of carrying out an attack on targets near a massive gas field in the southern Gulf region. State media reported that firefighting teams were dispatched to...
New EU Inc. legal form to help startups cross European borders
The European Commission has introduced a new legal entity form called 'EU Inc.' to help startups expand more easily across borders within the European Union. This initiative aims to reduce administrat...
House prices around Amsterdam catching up with the capital
House prices in the regions surrounding Amsterdam are rising more rapidly than in the capital city itself. According to research from Calcasa, areas such as Alkmaar and the Gooi have seen the stronges...
Heat Fund receives more applications for making homes more energy-efficient
The Dutch National Heat Fund has reported a significant increase in applications from homeowners seeking financing for energy-efficiency improvements. This surge indicates a growing trend among proper...
Supermarkets won't be sky-high tomorrow due to Iran war, nor the day after
Despite rising oil prices affecting transportation and packaging costs, supermarkets are not expected to introduce an immediate 'Iran surcharge' on food products. Consumers will likely not see a sudde...
What do entrepreneurs in Velsen hope for from a new city council? ‘Some wonder if they can even stay in Velsen’
Entrepreneurs in Velsen are reflecting on the local business climate and their expectations for the incoming municipal council following recent elections. A survey reveals significant concerns among b...