Economy News in English
Latest economy headlines from Dutch news, translated into English.
Ryanair passengers must check in earlier due to airport crowds
Starting this fall, Ryanair passengers checking in luggage must do so 20 minutes earlier to avoid missing flights due to long airport queues. The budget airline introduced this measure because congest...
Former Moldovan MP sentenced to 19 years for role in 'theft of the century'
Former Moldovan MP and businessman Vladimir Plahotniuc was sentenced to 19 years in prison on Wednesday for his role in a massive bank fraud scheme. He was found guilty of stealing over 850 million eu...
Need a new or upgraded power connection? Apply before July 1, 2026
Individuals and businesses requiring a new or upgraded power connection are advised to submit their applications before July 1, 2026. After this deadline, all new requests will be placed on a waiting ...
Blokker is back: are you still a fan or have you moved on? Let us know
Following its bankruptcy in late 2024 and the subsequent closure of hundreds of stores, the household retail chain Blokker has made a comeback with 56 locations. The chain has returned to using its or...
EU ambassadors clear major hurdle for Ukraine loan
EU ambassadors in Brussels have approved a change to the multi-year budget, clearing a significant obstacle for a 90-billion-euro loan to Ukraine. The financial aid package had been delayed for severa...
European Union seizes energy crisis to phase out fossil fuel dependence
The European Commission is introducing measures to reduce the European Union's dependency on fossil fuels in response to the current energy crisis. The plan aims to accelerate the energy transition wh...
Iran: two ships seized in Strait of Hormuz
Iranian authorities have seized two container ships in the Strait of Hormuz, citing alleged maritime violations. The vessels were reported by the Tasnim news agency to have been transported to the Ira...
Cosmetics chain Rituals warns customers after data breach
Cosmetics chain Rituals has issued a warning to its customers following a data breach where customer information was unlawfully downloaded. The company advised individuals to be vigilant against poten...
Concerns in Parliament over halt to power connections in Utrecht
Members of the Dutch House of Representatives expressed concern on Wednesday regarding the announced suspension of new power grid connections in parts of Utrecht province starting this July. MPs are q...
Action and Albert Heijn sell fake AirPods, Apple targets Dutch wholesaler
Retailers Action, Albert Heijn, and Sligro have been found selling counterfeit AirPods Pro that were marketed as genuine products at low prices. Apple discovered the illegal trade and is now taking ac...
Wilders slams 'worthless package' against high fuel prices
PVV leader Geert Wilders has criticized the Dutch government's measures to mitigate high fuel prices, calling the plan a "flimsy package." He argued that the measures are insufficient and pointed out ...
What is your data actually worth online? ‘The more data hackers get on you, the higher the price’
Following a data leak at internet provider Odido, victims are pursuing a mass claim seeking hundreds of euros in compensation. Experts explain that hackers pay higher prices for complete datasets whic...
Largest fuel price increase in UK since June 2022
Fuel prices in the United Kingdom rose by 8.7 percent in March compared to February, marking the largest monthly increase since June 2022. This spike represents the most significant rise in fuel costs...
Provinces demand urgent crisis approach for congested power grid
Dutch provinces are calling on the national government to implement urgent crisis measures to address the increasing overload of the electricity grid. The Interprovinciaal Overleg (IPO) suggests alloc...
Energy debate: opposition working on deal with government for cheaper public transport
The Dutch cabinet and the House of Representatives are debating a package of measures to address the ongoing energy crisis. Opposition parties, led by GroenLinks-PvdA, are negotiating a deal to includ...
Ukraine to reopen Russian oil pipeline within hours
Ukraine has completed repairs on the Druzhba oil pipeline, allowing Russian oil deliveries to Hungary and Slovakia to resume within a few hours. The pipeline had been out of service since January afte...
Dutch deeply concerned about personal finances as confidence drops sharply due to Middle East war
Consumer confidence in the Netherlands has experienced its second-largest decline since 1986, driven by financial concerns and the conflict in the Middle East. According to data from Statistics Nether...
Trump: Iran will collapse financially if Strait of Hormuz closes
Former U.S. President Donald Trump claimed on Truth Social that Iran is facing a financial collapse due to the closure of the Strait of Hormuz. He stated that the country is losing approximately $500 ...
BlaBlaCar announces end of long-distance bus network
French transportation company BlaBlaCar has announced it will discontinue its own network of long-distance buses. The company cited a highly competitive market and rising operational costs as reasons ...
Staffing firm Randstad remains alert due to geopolitical tensions
Staffing firm Randstad is maintaining close observation of the Middle East due to heightened geopolitical tensions. CEO Sander van ‘t Noordende stated that the company remains alert as global instab...
Ruling granting agency worker permanent contract after years is exceptional
A Dutch court in The Hague has ruled that a Polish temporary worker at Albert Heijn is entitled to a permanent contract after seven years of employment. Experts caution that this decision is exception...
World's largest condom producer Karex raises prices due to war
Karex, the world's largest condom manufacturer, is planning to increase its prices by 20 to 30 percent. The company cited the impact of the ongoing conflict in the Middle East as the reason for the pr...
Consumer confidence falls sharply, second-largest decline since 1986
Consumer confidence in the Netherlands declined sharply in April, falling from -30 to -44. This represents the second-largest drop recorded since statistics were first tracked in 1986.
Municipalities: more funding needed to implement integration law
Amsterdam and dozens of other Dutch municipalities are calling on the national government for additional funding to implement the integration law. The cities state that the number of people requiring ...
Housing market picks up: more sales, but prices remain high
The Dutch housing market saw an increase in home sales in March, indicating more movement in the sector compared to previous months. While house prices remain high, the rate of increase has begun to s...
New flexible housing in Castricum a step closer, but numbers still unclear
The municipality of Castricum is planning to build flexible housing at new sites on Oosterzijweg in Limmen and Boschweg in Akersloot. While the projects are moving forward, the exact number of homes t...
More clarity on Energy Port construction expected in autumn
There will be no clarity regarding the construction of the Energy Port along the North Sea Canal until this autumn. Currently, it remains uncertain when or if work on the project can continue.
Utrecht Mayor: we won't leave it at that
Utrecht Mayor Sharon Dijksma has criticized the announced freeze on new power grid connections, calling it a 'bitter pill.' She expressed her dissatisfaction on social media, stating that the city wou...
Many questions in Parliament about opening Lelystad Airport in 2027
Members of the Dutch House of Representatives expressed significant concerns regarding the government's plan to open Lelystad Airport by 2027. Left-wing opposition parties criticized the move, arguing...
EU countries struggle with Israel relations, trade agreement not yet suspended
EU member states failed to reach a consensus on Tuesday regarding the suspension of the trade agreement between the European Union and Israel. While criticism of Israel is increasing within the bloc, ...