Economy News in English
Latest economy headlines from Dutch news, translated into English.
Slovenians limited to 50 liters of fuel per day
Slovenia has introduced a temporary 50-liter daily fuel limit for motorists due to shortages at gas stations. The supply issues are driven by high demand from Italian and Austrian drivers taking advan...
Spot the differences between this Belgian and Dutch gas station
Dutch gas stations near the border are facing financial hardship as thousands of motorists travel to Belgium daily for cheaper fuel. While Dutch pumps remain empty, queues are forming just a few kilom...
With every bomb falling in the Middle East, an environmental disaster unfolds
The ongoing conflict involving Israel and the United States against Iran has caused a significant environmental crisis within its first three weeks. Over four hundred environmental incidents have been...
Blow for theaters: Intermission beer and wine subject to high VAT rate
The Dutch Supreme Court has ruled that theaters must pay the standard high VAT rate on alcoholic beverages served during intermissions rather than the lower rate. This decision affects all theaters th...
Childcare 'discount' not yet enticing parents to work
The Dutch government is significantly increasing childcare subsidies ahead of a transition to nearly free childcare in 2029. Despite expectations that these financial incentives would encourage parent...
Recruiter says age is no issue as long as you fit the company vibe
Sixty-one-year-old Huub shared his experience applying to a younger company with career expert Anne-Marije Buckens, who focuses on job seekers over 50. Huub realized that while his age was not the pri...
Universities want to cut back on big tech, but switching takes years
Dutch universities are working to decrease their dependency on major American technology companies like Microsoft and Google in favor of European alternatives. While concrete steps are being taken, un...
Defense Ministry to hire over 1,000 for drone units
The Dutch army plans to integrate drone and counter-drone units into all its combat divisions, necessitating the recruitment of 1,000 to 1,200 new personnel. Chief of Defense Onno Eichelsheim announce...
How to save money on spring outfits: ‘Ask yourself: will I wear this at least 30 times?’
Fashion experts Sara Dubbeldam and Anke Vermeer offer advice on saving money on spring wardrobes as global conflicts contribute to rising living costs. They recommend a mindful approach to shopping, s...
Demolition in Kruisstraat: Jan Sikkes and Bristol rapidly dismantled
The former premises of the Jan Sikkes fabric store and Bristol discounter on Kruisstraat are being rapidly dismantled, with only the ground floor of the building set to remain. This demolition marks a...
Oil companies also fighting for scarce oil and gas
Oil companies like Shell are facing intense competition to secure scarce oil and gas supplies. Industry leaders highlight that they are currently navigating significant logistical challenges to ensure...
Demolition most likely scenario for part of troubled Zandvoort-Noord flats: ‘But only in five years’
Approximately 124 apartments on Lorentzstraat in Zandvoort-Noord are likely to be demolished in about five years due to long-standing issues with concrete rot. While other parts of the housing complex...
The Greenhouse | The battery revolution is coming and cannot start soon enough
Climate reporter Jeroen Kraan discusses the rapid rise of large-scale battery storage systems and their upcoming impact on the energy infrastructure. This shift is expected to significantly transform ...
Cees (71) in serious trouble after filing property tax objection through online agency
A 71-year-old man named Cees Groen from Spanbroek is facing financial trouble after seeking help from an online agency to object to his property valuation. He was shocked to receive a payment demand f...
The unprecedented breakthrough of 0.0: how the Dutch slowly but surely switched to alcohol-free beer
Alcohol-free beer has transformed from a ridiculed product into a significant commercial success within the Dutch beer market. Major brewers now see non-alcoholic options as a key growth opportunity a...
End of cheap energy? Why recovery from this crisis could take a long time
Rising oil and gas prices in Europe have sparked concerns about a prolonged energy crisis driven by the region's dependency on external supplies. Experts suggest the current situation is unprecedented...
Cuba hit by second nationwide blackout in a week
Cuba experienced its second nationwide power outage in less than a week on Saturday, according to the country's Ministry of Energy. The island is currently grappling with a severe energy crisis, which...
Trump threatens Iran with attack on power plants
US President Donald Trump has threatened to strike Iranian power plants if the Strait of Hormuz is not reopened within 48 hours. Iran blocked the strategic waterway following US-Israeli attacks, resul...
Crisis secretly suits Jetten quite well
The Dutch cabinet expects to gain support for unpopular budget cuts in healthcare and unemployment benefits despite current opposition. The shift in political leverage is attributed to the expanding w...
Healthcare workers hit hardest by high fuel prices as travel allowances fall short
Healthcare workers and transport-related entrepreneurs in the Netherlands are facing financial strain due to high fuel prices and inadequate travel reimbursements. Trade unions highlight that many emp...
Full-page ad for alternative Tata site plan
A group of entrepreneurs has published a full-page advertisement calling for an end to state aid for the Tata Steel factory. They urge the government to consider alternative plans for the site instead...
Tax filing is becoming easier, but not everyone dares to do it without help
Tax returns in the Netherlands have become significantly simpler with many details now pre-filled, yet many citizens still seek professional assistance. This reliance on advisors is primarily driven b...
Diesel price nears 2.70 euros per liter, up nearly 60 cents since Gulf War
Diesel prices at gas stations in the Netherlands continued to rise on Saturday, with the average suggested price nearing 2.70 euros per liter. This increase is attributed to the ongoing conflict in th...
Indian PM Modi speaks with Iranian President Pezeshkian
Indian Prime Minister Narendra Modi met with Iranian President Masoud Pezeshkian to discuss ongoing conflict in the Middle East. Modi condemned attacks on infrastructure and emphasized the necessity o...
Drenthe calls for decisive approach to earthquake damage
The province of Drenthe and several municipalities have issued an urgent call to the Dutch government for a more vigorous approach to addressing earthquake damage. In a letter to the State Secretary f...
War in Iran drives up prices and hits our economy harder than expected: We see a very bad scenario unfolding
The escalating conflict in Iran is significantly impacting the Dutch economy, leading to rising inflation and the threat of economic stagnation. Experts warn that the current situation could be more s...
Expensive fuel, so lower the excise duty? 'We really need to make people resilient'
Economists are advising against lowering gasoline excise duties despite rising prices, arguing that such broad tax cuts do not effectively target those most in need. Instead, experts suggest that poli...
US temporarily allows sale of Iranian oil in tankers at sea
The United States has temporarily authorized the sale of Iranian oil currently stored in tankers at sea to address rising global fuel prices. This decision marks a brief suspension of heavy sanctions ...
Screen Time | Men go crazy for likes in Louis Theroux's documentary
Tech reporter Rutger Otto reviews the Netflix documentary "Louis Theroux: Inside The Manosphere" in his weekly column. The film explores the behavior of men within online communities who seek validati...
From 'Do we have money to spare?' to 'it brings cooling to the city': Haarlem deeply divided over restoring filled-in canals
A poll regarding the restoration of water to Haarlem's filled-in canals resulted in a nearly equal split among 1,135 respondents. The "disagree" camp won by a single vote, reflecting deep public divis...