Economy News in English
Latest economy headlines from Dutch news, translated into English.
Money must be spent! This Haarlem entrepreneur joins new TV show The Moneymakers
A Haarlem entrepreneur is participating in the new television program 'The Moneymakers,' where contestants receive 1,000 euros to generate maximum profit within a single week. The show highlights loca...
GameStop wants to acquire much larger eBay for $56 billion
GameStop is attempting to acquire the auction site eBay for 56 billion dollars, a move considered ambitious as eBay is four times larger than the gaming retailer. The company intends to transform eBay...
Get discounts or a free gift in Haarlem during Week of the Physical Store
During the 'Week van de Stenen Winkel' in Haarlem, local brick-and-mortar retailers are offering discounts, prizes, and gifts to encourage customers to shop in-person. The initiative aims to promote p...
Shock for motorists: Cabinet documents reveal sharply higher fuel prices due to ‘diesel dime’
Internal cabinet documents reveal that diesel prices in the Netherlands are set to increase by over 10 cents per liter starting in January without government intervention. Gasoline prices could follow...
Operation Vault: 45,000 valuables moved through city under heavy guard
On Sunday, April 19, the Stadsbank van Lening moved 45,000 valuables between three locations under heavy security during a large-scale operation. The transport, named 'Operatie Kluis,' transformed the...
Bitcoin hits $80,000 for the first time in months
Bitcoin's value exceeded $80,000 on Monday, marking its highest level in three months. This recovery follows a period in February when the cryptocurrency hit its lowest point in several years.
Fewer mortgage applications in April, first-time buyers more hesitant to buy
Mortgage applications in the Netherlands fell by 11 percent in April compared to the previous year, driven by rising interest rates making buyers, particularly starters, more hesitant. Despite the ove...
Explainer | Flight cancelled? These price increases are likely the reason
Rijkswaterstaat scraps all sustainability investments from Zuidasdok megaproject
This Aldi in the center of Amsterdam is closing: ‘That really sucks, because it’s still affordable here’
CENTCOM supports Project Freedom in the Strait of Hormuz
U.S. Central Command (CENTCOM) forces will begin supporting Project Freedom this Monday to ensure the safety of commercial shipping in the Strait of Hormuz. The initiative aims to restore freedom of n...
UK to join 90 billion European loan for Ukraine
The United Kingdom government announced on Sunday that it intends to start negotiations to join the European Union's 90 billion euro loan program for Ukraine. This move reflects a coordinated effort t...
Trump: US to assist ships in Strait of Hormuz starting Monday
U.S. President Donald Trump announced on Truth Social that the United States will begin an operation on Monday morning to escort ships stuck in the Strait of Hormuz. The mission aims to assist vessels...
Banning new Zuidas parking garages 'could have greater financial consequences than anticipated'
The City of Amsterdam is delaying a decision on banning new parking garages in the Zuidas business district to conduct further research into the plan's financial and legal implications. Stakeholders a...
Never overdrawn? Rabobank suddenly wants to know everything about you: ‘Scandalous’
Rabobank has introduced a new policy requiring customers to disclose personal details, such as the number of children and cars they own, to maintain their overdraft facilities. Failure to provide this...
44,000 Dutch Teslas get self-driving feature. Are drivers ready?
Approximately 44,000 Teslas in the Netherlands are receiving a self-driving software update that allows vehicles to navigate autonomously for owners who opt for the feature. Although the technology is...
OPEC+ increases oil production in June, first decision after UAE departure
Opec+ member nations announced on Sunday that they will increase oil production starting in June. This decision marks the first major move by the group following the United Arab Emirates' recent annou...
Koos wanted to belong again, so he looked for a new job at 80
At age 80, a man named Koos decided to return to the workforce after finding that retirement did not meet his expectations. He sought assistance from a career coach specializing in workers over 50 bec...
The Greenhouse | Time to give this American bear a Dutch passport
Climate reporter Jeroen Kraan discusses the increasing risk of wildfires in the Netherlands following recent events. He advocates for the development of a "fire culture" to improve national preparedne...
French brewer must stop 'John Lemon' beer after Yoko Ono complaint
A French brewer from Brittany has been forced to stop selling his craft beer named "John Lemon" after a complaint from Yoko Ono. John Lennon's widow objected to the pun, leading to the product being p...
Pet shop gets major chain next door: "I'm shocked"
Kirsten de Kloet, owner of the 65-year-old pet store 't Dierenhoekje in Amsterdam, is shocked that the large chain Pets Place is opening a new branch right next door. While regular customers express t...
Austrian police arrest man after poisoning baby food with rat poison
Austrian police arrested a 39-year-old man for allegedly poisoning jars of HiPP baby food with rat poison. The suspect reportedly tampered with the products in an attempt to blackmail the German manuf...
Law changed again before all tenants could benefit from rent reduction
The Dutch government is revising rent reduction laws before all eligible tenants could benefit, leading to concerns that housing costs will increase. Political reporter Hans van Soest notes that the c...
Market traders take control of part of Ten Katemarkt: "Increasingly a food market"
Market traders in Amsterdam have been granted management over a portion of the Ten Katemarkt in a three-year trial aimed at revitalizing the area. The initiative seeks to combat increasing vacancies a...
Haarlem court employee fired for embezzling 150,000 euros
A financial employee at the Haarlem court was dismissed after embezzling approximately 150,000 euros between 2018 and 2025. While a criminal investigation was initiated, it was halted following the em...
Ajax celebrates: Ipswich Town promoted to Premier League, triggering €9.3m buy option for Chuba Akpom
Ipswich Town's promotion to the Premier League has triggered a mandatory buy option for Ajax player Chuba Akpom worth 9.3 million euros. This financial windfall benefits the Amsterdam-based club as th...
German petrol prices drop below 2 euros locally due to excise tax cut
Gasoline prices at many German gas stations dropped below 2 euros on Friday following a temporary excise duty reduction. The tax cut of approximately 17 cents per liter was implemented to alleviate th...
ING outage disrupts card payments
ING bank is experiencing a technical malfunction that is causing difficulties for customers performing pin transactions. A spokesperson for the bank confirmed the issue, noting that payment services a...
Spirit Airlines shuts down after lack of US state aid
Spirit Airlines is immediately ceasing all operations after failing to secure emergency financial aid from the United States government. The budget carrier's collapse follows severe financial struggle...
Labor Day shines at Café de Zon: ‘The fight for better labor rights is far from over’
On Friday, Café de Zon hosted Labor Day celebrations featuring protest songs and discussions on trade unions and migrant workers' rights. The event emphasized that the struggle for improved labor rig...