Economy News in English
Latest economy headlines from Dutch news, translated into English.
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...
More venues for theater, film, dance and other cultural activities in North
The city is investing 19 million euros in arts and culture in Amsterdam-Noord to support more venues for theater, film, and dance. This investment aims to meet the increasing demand for cultural facil...
Simon Pennings nominated as Agricultural Entrepreneur 2026, first bulb grower in 23 years
Flower bulb grower Simon Pennings from Noordwijkerhout has been nominated for the Agricultural Entrepreneur of the Year 2026 award. He is the first bulb grower to receive a nomination in 23 years and ...
Petrol is already expensive, but new climate rules threaten further price explosion
New European climate regulations are expected to cause a sharp increase in fuel and energy prices for consumers. Petrol prices could rise by 24% and diesel by 16%, impacting both motorists and househo...
Expats in the region are also heading to the polls. What determines their vote? ‘I pay close attention to tax policy and living comfort’
Expats in the Netherlands are preparing to vote in upcoming municipal elections, focusing on issues like tax policy and housing comfort. Many participants emphasize that voting is a civic responsibili...
Gasoline and diesel prices continue to rise
National advisory prices for gasoline and diesel in the Netherlands reached record levels on Wednesday according to consumer organization UnitedConsumers. The price for Euro95 rose to over 2.50 euros ...
Pregnant dairy cows often sent to slaughter, NVWA investigating
The Netherlands Food and Consumer Product Safety Authority (NVWA) is investigating why dairy farmers continue to transport heavily pregnant cows to slaughterhouses despite a legal ban. Since January 2...
Arts Council calls for €47 million annual increase in culture budget
Cabinet faces multi-billion shortfall, wants motorists and businesses to help pay for infrastructure
The Dutch cabinet is exploring ways to have motorists and businesses contribute to infrastructure funding to address a multi-billion euro deficit. Proposed measures include bridge tolls and tax increa...
Weak regions hit hard by high energy prices
The Dutch economy is showing resilience despite high energy prices and the ongoing war, with growth expected to continue even if oil prices remain at elevated levels. However, this economic progress i...
Minister: Canceling American VAT system contract will cost money
State Secretary Eelco Eerenberg warned that terminating the contract with the American firm Fast Enterprises for the new Dutch VAT IT system would result in legal and financial repercussions. The gove...
Netherlands deems nearly €2 trillion EU budget too large: ‘This is unacceptable’
The Netherlands, alongside Belgium, Sweden, and Finland, has rejected the European Commission's proposed €2 trillion multi-annual budget for 2028-2034, calling the €800 billion increase unacceptab...
Shipowners cautious about military mission in Strait of Hormuz
The Royal Association of Netherlands Shipowners (KVNR) has expressed opposition to a Dutch military mission to reopen the Strait of Hormuz. The organization warns that participating in such a mission ...
What it’s like to be the face of a supermarket: ‘Lammers would have to make twenty films for that kind of money’
After thirteen years, Dutch supermarket chain Jumbo is replacing its long-time brand ambassador Frank Lammers with entertainer Rob Kemps. Reporter Jurriaan Nolles provides insight into the role and fi...
Bad news for homebuyers: Middle East war leads to more expensive mortgages
Rising oil and gas prices triggered by the conflict in the Middle East are causing interest rates to rise. This shift reverses previous expectations of lower rates and is expected to make mortgages mo...
Man uses deepfakes to open 46 accounts at ABN AMRO
A Dutch man used deepfake technology to forge identity documents and open 46 bank accounts at ABN AMRO last year. These accounts were subsequently used to commit fraud by placing orders under other pe...
European trade committee to vote on US trade deal this Thursday after all
The European Parliament's trade committee decided on Tuesday to proceed with a vote this Thursday on a portion of a trade agreement with the United States. The announcement was made by committee membe...
Household costs rise by tens of euros due to record prices at the pump
Record-high gasoline and diesel prices are increasing monthly household expenses by several tens of euros. While frequent drivers and low-income families are the most affected, the direct financial im...
Transavia also introduces fuel surcharge due to rising fuel prices
Budget airline Transavia has introduced a fuel surcharge of five euros on several flights starting this week in response to rising kerosene prices. The company confirmed the decision on Tuesday, follo...
No fiber optic prospects yet for half a million addresses
Approximately half a million addresses in the Netherlands currently lack a concrete plan for fiber optic installation, according to research by Telecompaper. High construction costs and the small scal...
Jumbo ends 13-year partnership with Frank Lammers, this is his successor
After thirteen years, the Dutch supermarket chain Jumbo is ending its collaboration with actor Frank Lammers, who played the lead role in their television commercials. Lammers will be replaced by a ne...
Kallas rejects normalizing relations with Moscow
EU foreign policy chief Kaja Kallas has rejected a proposal by Belgian Prime Minister Bart De Wever to normalize relations with Russia. De Wever suggested the move to restore access to cheap oil, but ...
Turmoil at online home store Fonq: ordering halted, suspension of payments requested
Online home retailer Fonq has suspended all orders as of Tuesday after applying for a suspension of payments. The move indicates significant financial distress for the company, preventing customers fr...
Highest court rejects Odido appeal against Huawei ban
The Dutch Trade and Industry Appeals Tribunal has rejected an appeal by telecom provider Odido against a government ban on using equipment from Chinese suppliers Huawei and ZTE. The court ruled that t...
Argentine wine crisis deepens: 'People no longer drink wine in large quantities'
The Argentine wine industry is facing its most significant crisis in over 15 years due to a sharp decline in domestic consumption and falling exports. As production continues to decrease, industry exp...
Zelensky to EU: Oil through Druzhba pipeline to resume in 1.5 months
Ukrainian President Volodymyr Zelensky informed the European Commission that oil flow through the damaged Druzhba pipeline is expected to resume within one and a half months. He stated in a letter tha...
Seats and Sofas compensates customers who wrongly paid for warranty
Furniture retailer Seats and Sofas is compensating nearly 1,500 customers who were wrongfully charged for furniture inspections. The company will refund over 100,000 euros to individuals who were enti...
Netherlands to launch defense credit institution with Finland and UK
The Netherlands, the United Kingdom, and Finland are planning to establish a new credit institution dedicated to defense projects. This initiative aims to support the defense industry and accelerate r...