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Less demand, no lower prices: new housing market struggles due to high interest rates and small homes

Less demand, no lower prices: new housing market struggles due to high interest rates and small homes

High mortgage interest rates are reducing demand for new-build homes in the Netherlands, as developers maintain high, rigid prices despite falling interest from buyers. Additionally, government mandates for affordable housing are resulting in smaller properties that increasingly fail to align with consumer preferences, further threatening future project completions.

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

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

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.

Outdated information used in documents on tourist and advertising taxes

Outdated information used in documents on tourist and advertising taxes

The Amsterdam city council has delayed voting on tax regulation changes after officials discovered that outdated versions of the documents were inadvertently used. Finance Alderman Hendrik Jan Biemond apologized for the errors, which included technical inaccuracies in the definitions of tourist and advertising taxes, and rescheduled the vote for December.

Trump allocates billions to compensate farmers for high diesel prices

Trump allocates billions to compensate farmers for high diesel prices

Donald Trump has announced a multi-billion dollar compensation program to help American farmers manage the impact of record-high diesel prices. The payments, managed by the Farm Service Agency, are intended to provide relief during the harvest season while likely serving as a strategic effort to secure votes ahead of upcoming elections.