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De Hypotheker: homebuyers cautious due to rising interest rates

Homebuyers in the Netherlands are becoming more cautious as mortgage interest rates rise due to geopolitical instability in the Middle East. According to mortgage advisor De Hypotheker, the average mortgage amount failed to increase for the first time in three years during the last quarter, with application numbers remaining stable compared to the previous year.

Politics Economy Business Netherlands World

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Based on reporting by ad. Translated and condensed by LocalHeadlines.

Years of illegal use of Schiphol: environmental groups and local residents take legal action over cabinet plans

A coalition of environmental groups and residents has challenged new government regulations for Schiphol Airport at the Council of State. The plaintiffs claim the rules legitimize years of illegal operations and are seeking a mandatory reduction in flight numbers.

European Commission launches investigation into Booking.com over failure to tackle fraud

The European Commission has opened an investigation into Booking.com over concerns that the travel platform is failing to adequately combat fraud and phishing scams. The inquiry aims to ensure the company complies with the Digital Services Act, which mandates that online platforms prioritize user protection and transparency.

Trade with Russia remains lucrative, but companies face risks

Despite 21 rounds of European Union sanctions against Russia, some businesses continue to profit by using third-party countries to bypass export restrictions. Experts warn that while such trade is lucrative, it carries significant legal risks, including criminal prosecution and prison time for those who intentionally circumvent these measures.

EU selects 46 raw materials projects to reduce dependence on China

The European Commission has launched 46 projects across sixteen countries to reduce reliance on China for vital raw materials like lithium and copper. These initiatives, supported by prioritized permits and funding assistance, aim to significantly boost domestic processing and recycling capacity by 2030.

An emergency neighborhood supermarket that always has toilet paper, rice and crispbread in stock: it’s happening in Denmark

Denmark is preparing to launch 51 emergency supermarkets equipped to function during power outages and cyberattacks, providing essential supplies even without grid connectivity. The Netherlands is currently exploring similar strategies as part of a national food security plan, though no concrete implementation has been finalized.