The number of mortgages taken out in the Netherlands has increased by nearly 5 percent over the last six months compared to the previous year. This growth is driven by a rising popularity of starters loans among first-time homebuyers and an increase in the total value of mortgage lending.
Based on reporting by nu. Translated and condensed by LocalHeadlines.
NS is raising train ticket prices by nearly 5 percent to cover increased operating expenses and investments in new trains. To support passengers affected by the price hike, the company is offering discounts for travel outside of peak hours.
NS train tickets will increase in price by 4.7 percent starting January 1 due to inflation and rising operational costs. To support passengers, the company is maintaining current pricing for children's travel while increasing potential discounts for off-peak train journeys to 80 percent.
The Dutch competition authority (ACM) has approved Videoland's acquisition of Viaplay Netherlands, concluding the deal will not harm consumers or market competition. Videoland will now control various sports broadcasting rights, including Formula 1, while existing contracts remain subject to future bidding cycles.
Business investments in the Netherlands rose by 1.8 percent in August, driven primarily by expenditures on machinery, defense equipment, and computers. Despite this growth, Statistics Netherlands warns that the overall investment climate remains difficult due to weakening export performance and lingering economic uncertainties.
Thuisbezorgd and Uber Eats have agreed to display all mandatory service fees upfront following pressure from the Dutch Consumers Association regarding hidden costs and misleading discounts. To compensate customers for past issues, both companies will issue discount vouchers worth between 5 and 30 euros.
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