Economy News in English
Latest economy headlines from Dutch news, translated into English.
Screen Time | Greece wants to end online anonymity and I think of Gordon
Tech reporter Rutger Otto discusses Greece's potential move to end online anonymity on social media platforms. This proposal mirrors a similar demand made five years ago by Dutch media personality Gor...
Dutch cautious about booking summer holidays but won't skimp on sun
Dutch travelers are currently cautious about booking summer holidays due to uncertainties surrounding air travel. Despite this hesitation, the travel industry association ANVR reports that people stil...
Middle East war changes travel habits: these destinations are in demand
Dutch travelers are becoming more cautious when booking summer vacations due to geopolitical unrest and concerns about air travel. The travel association ANVR reports that while people still want to g...
Elon Musk feels cheated by OpenAI and wants to redirect the company
Elon Musk has initiated a lawsuit against Sam Altman and OpenAI, questioning the company's shift from a non-profit to a commercial entity. The initial days of the trial featured arguments from Musk an...
Cheap dining in Amsterdam – how is it possible in these expensive times? ‘I sell every table 3 or 4 times a night’
Axios: US blockade has cost Iran nearly $5 billion
A U.S. naval blockade has caused Iran to lose nearly five billion dollars in oil revenue, according to data from the U.S. Department of Defense. The report, published by news site Axios, highlights th...
Trump increases pressure on Cuba with new sanctions
U.S. President Donald Trump has imposed new sanctions on Cuba to increase pressure on the island's communist government. This decision follows previous actions taken by the U.S. administration against...
Electricity so cheap Aljo gets paid: ‘A friend came to charge his car here’
Aljo Hartgers from Oosterbeek utilized negative dynamic energy prices by consuming electricity to earn money, such as charging a friend's car and running his heat pump. This illustrates how consumers ...
Trump announces higher tariffs on EU cars and commercial vehicles
U.S. President Donald Trump announced plans to increase import tariffs on cars and commercial vehicles from the European Union from 15% to 25% next week. Trump claimed the EU violated their trade agre...
House prices slightly cheaper: is the overheated housing market finally cooling down?
The Dutch housing market is showing signs of cooling down, with fewer bids above asking price and a decrease in home viewings. The article examines what these trends, including more frequent price red...
Protest march in Amsterdam on Labour Day
Thousands of people participated in a Labor Day protest march organized by the FNV trade union in Amsterdam on May 1st. The demonstrators marched from Museumplein to Martin Luther Kingpark to protest ...
VodafoneZiggo gains more mobile subscribers, fewer internet customers leave
VodafoneZiggo reported a growth in mobile subscriptions and a decrease in departing internet customers during the first quarter. This marks the fourth consecutive quarter of improvement as the telecom...
Court dismisses money laundering case against Marcel Kaatee over Red Light District properties
Thousands of protesters march in Amsterdam on Labor Day
Chinese city aims to protect food culture with dim sum regulation
Starting May 1, restaurants in the Chinese city of Guangzhou will be required to disclose whether their dishes are prepared using traditional methods. This measure aims to preserve the local culinary ...
Amsterdam households also face waiting list for heavier power connections soon
Dutch can profit more from their savings by investing
The Netherlands Authority for the Financial Markets (AFM) reports that one in ten Dutch households has sufficient financial resources to invest but chooses not to. This trend could lead to long-term f...
Fertilizer chief warns global food production under pressure from Iran war
Svein Tore Holsether, the CEO of fertilizer producer Yara, warns that conflict in Iran could severely disrupt global food production, potentially costing up to ten billion meals per week. He emphasize...
Growing season off to a slow start due to persistent drought
The growing season in the Netherlands is starting at a disadvantage due to persistent drought conditions affecting farmers and gardeners. LTO Nederland reports that soil and groundwater levels have no...
Dynamic electricity contract? Turn everything on this afternoon and the money will roll in
Electricity prices for consumers with dynamic energy contracts in the Netherlands will drop to a record low of -47 cents starting at 12:00 PM today. This negative pricing allows households to earn mon...
Dutch Tax Administration receives record 10.7 million tax returns
The Dutch Tax and Customs Administration received a record 10.7 million tax returns from individuals and businesses before the May 1 deadline. This total surpasses the previous record of 10.5 million ...
Fatbike seller sues Enschede over fatbike ban
Fatbike retailer La Souris is suing the municipality of Enschede to challenge a ban on fatbikes in the city center. The company argues the ban is discriminatory for distinguishing between fatbikes and...
AI scam sites from China target credit cards: thousands of Dutch victims already
Credit card fraud is rising sharply in the Netherlands as AI-generated fake webshops from China target consumers' credit cards. These fraudulent sites have already victimized thousands of people, usin...
Mbarki and Halsema defend Shell's participation in Amsterdam Economic Board
Amsterdam Mayor Femke Halsema and Alderman Sofyan Mbarki have defended Shell's membership in the Amsterdam Economic Board despite calls from political opponents to remove the company. They argued that...
Victims lost thousands of euros to Marktplaats fraud from Heemstede and Hoofddorp: 'I was involved'
A 24-year-old man from Heemstede admitted in a Haarlem court to his involvement in a Marketplace fraud scheme that cost victims thousands of euros. The suspect, whose activities were linked to Heemste...
Why the cabinet is padding Extinction Rebellion's coffers
This episode of the Politiek Dichtbij podcast addresses listener questions during the Dutch parliamentary recess. The discussion explores topics including financial connections to Extinction Rebellion...
Apple reports best first quarter ever despite chip shortage
Apple reported its best first-quarter revenue ever, earning 111.2 billion dollars between January and March. This represents a 17 percent increase compared to the previous year, despite the ongoing gl...
Retail sales rise in March despite Iran war, furniture especially in demand
Dutch retailers saw a significant increase in turnover in March compared to the previous year, according to data from Statistics Netherlands (CBS). Despite concerns that conflict in the Middle East wo...
Trump lifts Scotch whisky tariffs after royal visit
Donald Trump has removed import duties on Scotch whisky following a dinner with King Charles and Queen Camilla on Thursday. The President-elect stated that the royal couple influenced his decision wit...
ING: house prices will not rise further this year due to higher supply
ING predicts that Dutch house prices will remain stable for the rest of the year due to an increase in available housing supply. While the national average is expected to flatten, economists suggest t...