Economy News in English
Latest economy headlines from Dutch news, translated into English.
Construction begins at former Halfords location on Beverwijk’s Breestraat
C. Nelis Bouw en Ontwikkeling has started the construction of a new apartment complex at Breestraat 108 in Beverwijk. The project is being developed on the site formerly occupied by a Halfords store.
The clash between rich boomers and spoiled millennials: ‘They bought houses for insane prices’
Household budgets hundreds of euros lighter due to energy crisis
Rising energy prices driven by geopolitical conflict are putting a significant financial strain on household budgets. A family of four with a car is estimated to pay over 600 euros more annually due t...
Croatia and Hungary set gasoline price caps, other countries hesitate
Croatia and Hungary have implemented price ceilings on fuel in response to significant price increases driven by the conflict in the Middle East. These are the first European countries to intervene in...
Longer waiting lists for social care and youth services in Haarlemmermeer, risk of delays due to lack of expertise
The municipality of Haarlemmermeer is experiencing longer waiting lists for youth care and social support services due to a staff shortage caused by measures against false self-employment. These delay...
Meta loses appeal: viewing friends' posts by default on Instagram remains possible
Meta has lost an appeal in a Dutch court case brought by the privacy organization Bits of Freedom regarding Instagram and Facebook timelines. The ruling ensures that users can continue to see posts fr...
Bits of Freedom wins appeal over freedom of choice on Instagram
The Amsterdam Court of Appeal ruled in favor of Bits of Freedom in a case against Meta, ensuring Dutch users retain the right to choose how their Instagram and Facebook timelines are displayed. This d...
Renovation of Belgian Palace of Justice rises to 600 million euros
The renovation of the 140-year-old Palace of Justice in Brussels is projected to exceed 600 million euros. The historic building has been under scaffolding for more than 40 years as modernization effo...
Gambling company receives record €25 million fine in the Netherlands
The Netherlands Gambling Authority (Ksa) has imposed a record-breaking fine of nearly 25 million euros on the operator of the gambling website Kaasino for offering illegal services. This penalty repre...
New development Nieuw-Vennep West: 4,580 homes, schools, sports and green spaces on the way
The municipality of Haarlemmermeer, the Dutch government, and regional partners have finalized plans to build 4,580 homes in Nieuw-Vennep West. The development project, which includes schools and spor...
More senior housing under construction, but not nearly enough to solve shortage
Amsterdam built 480 elderly homes last year, nearly reaching its annual target of 500, though local officials estimate that 1,239 homes are actually required annually to resolve the shortage. The init...
Volkswagen faces high costs from US import tariffs
Volkswagen experienced a downturn in 2025, largely attributed to high costs arising from import tariffs imposed by U.S. President Donald Trump. As a result, the German automaker announced plans to eli...
Costa warns: Russia is the only winner so far in Iran war
European Council President António Costa warned that Russia is the primary beneficiary of the conflict in the Middle East. He stated that rising energy prices boost Russia's war funding, while global...
Dennis and Laura earned much more, but now they must pay back more than 5,000 euros
Entrepreneurs Dennis and Laura earned significantly more than expected in 2025, resulting in a repayment requirement of over 5,000 euros. Their increased income from lifestyle coaching and constructio...
Amsterdam tenants report increasingly extreme security deposits of up to €8,600
Renault announces 22 new European models and aims to make electric cars 40 percent cheaper
Renault Group has announced a new strategy involving the launch of 36 new models, with 22 specifically targeted for the European market across its Renault, Dacia, and Alpine brands. The plan aims to r...
More and more people starting cooking or baking services from their own kitchens
Inspired by social media and television shows like Heel Holland Bakt, an increasing number of people are starting food businesses from their home kitchens. However, authorities warn that 90% of these ...
Top layer benefits most from mega-profits: ‘A trick to earn even more’
Fewer employees in the Netherlands are participating in company share programs, which could have served as a valuable pension supplement. This trend is driven by decreasing incentives, resulting in on...
European gas prices drop significantly after Trump remarks
European gas and oil prices saw a significant decline on Tuesday morning following statements made by U.S. President Donald Trump. Traders responded to the president's remarks suggesting that the conf...
Recommended diesel price tops 2.50 euros per liter for the first time
The average recommended diesel price in the Netherlands has surpassed 2.50 euros per liter for the first time. This price surge, which also affects gasoline, is attributed to the ongoing conflict in t...
Food and non-alcoholic beverages lower inflation, tickets more expensive
In February, inflation in the Netherlands remained stable at 2.4% compared to the previous year, matching January's figures. According to Statistics Netherlands (CBS), while food and non-alcoholic bev...
Even Betondorp cannot escape housing market madness: 3 million euro home
A former school building in the Amsterdam neighborhood of Betondorp is for sale for nearly 3 million euros, reflecting the extreme price increases in the city's housing market. The 327-square-meter pr...
Velsen Municipality reverses decision: 5,000 glass ornamental fish will not return to Kromhoutstraat in IJmuiden due to high costs and budget pressure
The municipality of Velsen has decided not to reinstall 5,000 glass decorative fish on Kromhoutstraat in IJmuiden due to high costs and budget constraints. This decision reverses a commitment made in ...
Young people on welfare more often have severe problems preventing them from working
The number of young people receiving welfare benefits has been increasing for three years, with individuals staying in the system for longer periods. These young adults often face complex mental healt...
How to keep Amsterdam attractive for ordinary people with average incomes? What political parties want to do
More reports of suspected workplace misconduct in 2025
The Dutch House for Whistleblowers (HvK) reported a record high of nearly 700 advice requests regarding workplace misconduct last year, a significant increase from 467 in 2024. Despite legal protectio...
Trump suspends oil sanctions to secure supply
President Donald Trump announced on Monday that the United States will suspend certain oil sanctions to ensure market stability and secure supply. The announcement was made during a press conference a...
Sofyan Mbarki (PvdA): We must not take the city's success for granted
Sofyan Mbarki, the PvdA lead candidate for Amsterdam, emphasizes the importance of addressing discrimination, overtourism, and inequality to maintain the city's long-term success. His proposals includ...
‘You used to eat noodles, now you eat burrata on sourdough’: three students on their money worries
Will there be another price cap? How the government can lower energy bills
The Dutch government is considering several measures, including a potential price cap, to address rising energy bills caused by increasing oil and gas prices. Politicians in The Hague are currently ev...