Economy News in English
Latest economy headlines from Dutch news, translated into English.
Schiphol passport control running smoothly again after outage
Passport control at Schiphol Airport experienced significant delays on Sunday morning due to a technical failure that disabled automated scanning gates. The issue, which lasted until mid-afternoon, ca...
Not selling out is not a death blow for festival: 'But be careful not to price yourself out of the market'
Festival organizations in the Netherlands faced a challenging summer marked by extreme weather, rising operational costs, and fluctuating ticket sales. Despite these significant hurdles, industry prof...
French shopkeepers fear millions in losses after looting and destruction
French retailers are bracing for millions in damages after widespread looting and vandalism struck numerous cities, including Paris and Bordeaux, during recent riots. The government has promised to ex...
Gall & Gall and Etos websites back online, apps remain unreachable
The websites for Gall & Gall, Etos, and Albert Heijn are back online following a recent cybersecurity incident at Ahold Delhaize, though some app features and delivery services remain restricted. Whil...
From near extinction to a thriving fishery: how Portugal’s sardine population was saved
After facing near-extinction due to overfishing, Portugal's sardine population is recovering thanks to a successful management plan. This restoration has revitalized the local fishing industry while e...
Number of cybersecurity companies more than quadrupled in five years
The number of registered cybersecurity companies in the Netherlands has quadrupled since 2021, reaching 962 by October 2024. This rapid growth is driven by increasing cyber threats and regulatory chan...
Low incomes spend more on childcare: can make a ten-euro monthly difference
Childcare organizations in the Netherlands are increasingly charging rates that exceed government subsidies, placing a greater financial burden on low-income families. Experts warn that these rising c...
Looking, looking, and fake buying: the dopamine hit without the costs
New online shopping platforms are gaining popularity by allowing users to curate collections of products without the ability to actually purchase them. Experts suggest these sites serve as a psycholog...
Not just IDFA: Amsterdam’s wider cultural sector hit by rising hotel costs as tourist tax hike drives away key visitors
Amsterdam's cultural sector, including major events like IDFA, ADE, and the Holland Festival, is struggling due to rising tourist taxes and hotel VAT. These increased costs are forcing organizers to r...
Sunny (55) has a racy job but is looking for a career change: ‘How can I phrase my work experience?’
A 55-year-old woman named Sunny is seeking career advice on how to professionally reframe her years of experience as a sex worker while transitioning to a new field. She is consulting with Anne-Marije...
Cause of illnesses during Grolsch brewery tour still unclear: 'Terrible'
Eleven people were hospitalized after falling ill during a brewery tour at Grolsch in Enschede on Saturday. While investigations are underway to identify the cause of the nausea and vomiting, the brew...
Albert Heijn site and app back online, grocery deliveries resume Friday
Albert Heijn has restored its website and app following a cyberattack that caused a week-long outage across Ahold Delhaize platforms. Customers can access account features immediately, while the abili...
22,000 homes at risk due to cabinet funding shortfall: ‘We must also solve the housing crisis’
A lack of government funding for public transport infrastructure threatens the construction of 22,000 new homes across the Netherlands. Stakeholders warn that these housing projects are at risk becaus...
Long wait times at Schiphol due to electronic passport control failure
Schiphol Airport is facing significant passenger delays after a technical failure incapacitated its automated eGate passport control system on Sunday morning. Royal Netherlands Marechaussee officers a...
The Greenhouse | I prefer to jump on the facts rather than the barricade
A climate journalist explores the tension between objective reporting and the pressure to advocate for systemic change to combat the climate crisis. The author concludes that journalists should remain...
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 luc...
Stellantis to hire hundreds of additional engineers in coming years
Stellantis plans to hire hundreds of new engineers as part of a multi-billion euro investment strategy running through 2030. While the company aims for growth, it is also being sued by several organiz...
Private landlords are renting out fewer properties in the city: "A problem for students"
Private rental properties in Amsterdam have decreased by 18 percent in three years as landlords sell their units due to new rent control laws and increased taxation. While this shift favors buyers, it...
Seizure of 'Antifa server' at US request leads to questions and concerns
Dutch authorities have seized a server belonging to the Italian hosting provider Autistici/Inventati at the request of the United States. The U.S. government classifies the company as a terrorist enti...
Why the foundation problems in the Netherlands are suddenly becoming so visible
The Netherlands has experienced a nearly fourfold increase in property foundation damage reports due to consecutive dry summers and declining groundwater levels. Experts warn of a potential national c...
The end of blind bidding: pressure on the housing market is easing
The Dutch housing market is seeing a cooling trend as rising mortgage interest rates reduce the frequency of overbidding. While buyers have more breathing room, industry experts caution that this shif...
Russia welcomed back to IMF, Netherlands walks out during Russian speech
Dutch Finance Minister Eelco Heinen and several other delegations staged a walkout during an IMF meeting in Bangkok to protest the presence of sanctioned Russian officials. Minister Heinen emphasized ...
Butcher surprised by drop in meat consumption: 'Customers keep coming'
Meat consumption in the Netherlands has dropped by 12 percent over the last ten years, driven largely by the rising cost of beef and pork. Despite this national decline, specialized butcher shops rema...
Praise but also criticism for Karremans’ infrastructure plans: ‘Half-baked duct tape solution’
The Dutch government is pausing various new infrastructure projects to free up 18 billion euros for essential maintenance of aging bridges, roads, and railways. While the measure aims to stabilize the...
Screen time | Facebook film raises painful question: has anything changed at Meta?
Meta continues to face criticism regarding privacy concerns with its wearable technology and its influence on societal polarization. The release of the film The Social Reckoning, based on whistleblowe...
Trump drops Russian sanctions and tariffs approved by Congress
President Trump has unexpectedly blocked new sanctions and import tariffs against Russia, citing national interest despite previous congressional approval. The decision is widely viewed as an effort t...
Gas price hike unstoppable: 2 euros per cubic meter in sight
Natural gas prices in the Netherlands are climbing toward 2 euros per cubic meter due to international market pressures and rising costs. Consumers are increasingly seeking long-term fixed contracts t...
The insane week at Albert Heijn: ‘We grabbed things at random and sent them to stores’
Dutch supermarket chain Albert Heijn recently experienced a significant cyber incident that forced them to take many internal systems offline. The disruption impacted both warehouse operations and ret...
Future of key climate report uncertain after failed negotiations
Negotiations for the next IPCC climate assessment report have stalled due to disagreements over its release timeline and budget. While many countries want the report ready for the 2028 international c...
Ferry route to Ameland remains possible only through daily dredging under cabinet plan
The Dutch government has canceled plans to improve the ferry route between Holwert and Ameland, forcing the connection to remain dependent on expensive daily dredging. While local officials warn that ...