Economy News in English

Haarlem housing market: 48 percent of buyers came from outside the municipality last year

According to data from the Kadaster, 48 percent of people who purchased a home in Haarlem last year came from outside the municipality. This figure is higher than the national average in the Netherlan...

Oil prices fall further on potential Iran-US peace deal

Oil prices continued to decline on Friday following news of a potential peace agreement between Iran and the United States. President Donald Trump indicated that the deal could be signed as early as t...

Politics on the Amstel: Much irritation over Halsema and will the bridge over the IJ still happen?

Journalists from AT5, Het Parool, and De Telegraaf analyzed the recent Amsterdam coalition agreement debate, highlighting criticism of Mayor Femke Halsema's management of the proceedings. Key topics d...

Climate experts warn Brussels: 'Don't tinker with industrial climate policy'

Climate experts from nine countries have urged the European Commission to maintain the current CO2 levy on power plants and industrial sectors. They argue that this tax is a fundamental component of t...

Jetten anticipates economic setback due to Iran war

Rob Jetten stated during a weekly press conference that the ongoing conflict involving Iran could lead to less favorable economic outcomes. He emphasized that the cabinet will explore ways to support ...

NAM not required to contribute to Groningen housing compensation for now

The Nederlandse Aardolie Maatschappij (NAM) is currently not required to contribute to compensation payments for the decline in value of unsold homes in the Groningen earthquake zone. This decision te...

Auditors uncertain about Tata Steel due to coke oven plant risks

PwC accountants have expressed uncertainty regarding the future of Tata Steel Nederland following plans to revoke permits for two coking gas plants in IJmuiden. The annual report for the company's Dut...

Online gambling ad ban in the works due to rising addiction

The Dutch cabinet is moving toward a total ban on online gambling advertisements due to a significant rise in the number of players since legalization. This measure is being introduced to address the ...

Clothing line of Assen art heist perpetrator proves popular: 'Entire collection sold out'

The clothing line launched by Douglas Chesley W., a perpetrator of the Drents Museum art robbery, has sold out and its website is temporarily offline. Managed from prison, the collection features desi...

FIOD arrests 39-year-old entrepreneur on suspicion of supplying criminals in North Sea Canal area

Enthusiasm for Geesterduin 2.0. Politicians embrace plan for 215 homes in Castricum, but raise concerns over loading and traffic

Politicians in Castricum have approved the outlines for the Geesterduin 2.0 project, which includes 215 new homes and a renovated shopping center. While the developer has committed to building social ...

Van Essen: June 26 clarity on resolving nitrogen deadlock

Dutch Agriculture Minister Jaimi van Essen announced that the government will provide clarity on June 26 regarding plans to resolve the nitrogen lock. The initiative aims to create space for housing c...

Economic growth lower due to war in the Middle East

Economic growth in the Netherlands is projected to be lower than expected this year due to the conflict in the Middle East and rising energy prices. Increased consumer uncertainty has led to a decreas...

DNB: Inflation to 4.6 percent in worst-case scenario, but damage to the Netherlands is also limited

According to De Nederlandsche Bank (DNB), Dutch inflation could rise to 4.6% next year in a worst-case scenario. However, the overall economic impact is expected to be limited because the country has ...

NS plans six daily trains between Amsterdam and Germany's Rhine-Ruhr region

‘Do you hate capitalism?’ Housing Alderman Zita Pels was asked at Provada

Italian police bust three illegal streaming networks just before World Cup

Italian police have dismantled three illegal streaming networks in the southern city of Crotone just before the World Cup. Four suspects face charges of digital piracy and money laundering, with autho...

Ecuador lowers beer prices during the World Cup: 'Extra support for the team'

Ecuadorian President Daniel Noboa has temporarily removed taxes on beer and light alcoholic beverages during the World Cup, leading to a price drop of over 20 percent. This fiscal measure is intended ...

Well House at Zuidas was to be one of the tallest timber offices, but investor NSI pulls the plug

NASA criticized over male Artemis III crew: 'Artemis is Apollo's twin sister'

NASA is facing public backlash and disappointment on social media following the announcement of an all-male crew for the Artemis III mission. The mission serves as a preparatory flight for the first A...

Everyone will soon be able to buy a piece of SpaceX: 'You are mainly buying an expectation'

SpaceX, led by Elon Musk, is preparing to allow retail investors to buy shares in the company. Financial experts warn that the investment carries significant risk, as it is based on future expectation...

Number of welfare recipients rises again, especially among young people

The number of welfare recipients in the Netherlands rose to 411,000 in the first quarter of 2026, an increase of 1,000 people compared to the previous three months. Preliminary data from Statistics Ne...

Argentine football fans denied US visas receive free TVs

Argentinian football fans who were denied visas to travel to the United States to watch Lionel Messi play have received free televisions from the brand Noblex. The promotion aims to compensate for the...

Work continues at advertising agency KesselsKramer despite bankruptcy: ‘We don’t know yet what will happen’

Sjoerdsma faces ‘big problem’ without safety cable, according to PRO

Minister Sjoerd Sjoerdsma faces structural challenges regarding development aid unless its funding is re-linked to the size of the economy, according to PRO party representative Suzanne Kröger. PRO h...

Fat Phill’s fast food restaurant in Heerhugowaard bankrupt within 18 months. ‘Negative reviews? I have them in Hoofddorp too and it’s doing well there’

The Fat Phill’s franchise in Heerhugowaard has been declared bankrupt less than 18 months after its opening in the Middenwaard shopping center. Despite the closure, the owner noted that other locati...

Why the cabinet is considering a ‘golden share’ in shipbuilder Damen: five questions about a possible deal

The Dutch government is considering acquiring a stake or 'golden share' in shipbuilder Damen Naval to support the production of essential naval frigates. This potential deal aims to foster closer coop...

Dutch Tax Administration to manage and maintain VAT system in-house

The Dutch Tax and Customs Administration will manage and maintain its new VAT system internally instead of outsourcing those tasks. Secretary of State Eelco Eerenberg informed Parliament that while th...

Musk virtually visits ASML, but employee banner is clear: ‘Fuck Musk’

Elon Musk virtually joined ASML CEO Christophe Fouquet for a discussion at the Brabanthallen in Den Bosch on Thursday. While many employees watched the event online or in person, some expressed their ...

Billionaire Elon Musk does it again: Investors flock to loss-making SpaceX IPO

Elon Musk is preparing to take his aerospace company SpaceX public, drawing significant interest from investors despite the firm currently being loss-making. This move mirrors the earlier public offer...