Economy News in English

Opinion: Using data centers for the energy transition? We live in Amsterdam, not in the pipe dreams of Sam Altman or Jeff Bezos

Key fish species thriving. Biologists recommend higher catch quotas

Biologists report that key fish species such as North Sea sole, plaice, and herring are thriving in the North Sea. Consequently, they recommend increasing the permitted catch limits for these species ...

Motorists pay through the nose for gas despite falling oil prices: here is why

Despite falling global oil prices and de-escalation in the Strait of Hormuz, fuel prices for motorists in the Netherlands continue to rise. Experts warn that consumers will not benefit from lower oil ...

110,000 euro bonus for Tata management sparks storm of reactions, including from employees: 'Three more years of being demotivated working for those greedy suits, I'm counting down the days'

A recent survey indicates that 92 percent of respondents believe Tata Steel directors should return a 110,000 euro bonus. Employees and the public have expressed significant criticism, describing the ...

Screen time | Let celebrities decide for themselves if they want to live on digitally

Tech reporter Rutger Otto explores the ethical debate surrounding the digital resurrection of deceased celebrities. He questions whether surviving relatives should have the authority to decide if a pu...

ANWB: nearly half of Dutch people not going on vacation this summer

According to research by the ANWB, 52 percent of the Dutch population plans to go on vacation this summer. This figure indicates a continued decline in holiday travel compared to previous years, with ...

May we buy your land? The hunt for campsites to turn into luxury parks is in full swing, but who benefits?

Real estate developers are actively pursuing owners of traditional campgrounds in the Netherlands to purchase their land for multi-million euro deals. The proposed plan involves redeveloping these sit...

More first-time buyers in Velsen can access starter loans as fund is increased to 3 million euros

The municipal council of Velsen has unanimously decided to replenish the fund for starter loans to a maximum of 3 million euros. This initiative aims to provide ongoing financial support for first-tim...

Many young adults have no room to think about the future: 'They are growing up in a financially toxic environment'

Uproar over German plan for mandatory doctor's notes for sick employees

The German government is facing significant criticism over a proposal that would require employees to obtain a doctor's note on their first day of illness to reduce absenteeism. General practitioners ...

BMW concerned about illegal 'bootleg' BMWs built in Russia

BMW has issued a warning regarding the unauthorized production of vehicles in Russia using abandoned parts and locally sourced materials. These so-called 'bootleg BMWs' are being assembled by former e...

Strait of Hormuz just safe enough to let oil prices fall

Oil prices have declined as shipping traffic gradually resumes through the Strait of Hormuz. Despite this improvement, the region remains marked by significant security risks and ongoing uncertainty f...

End of mortgage interest deduction hits those without wealth hardest: here is how it works

Starting in 2031, individuals without assets in box 3 will be most affected by the expiration of mortgage interest deduction. Under the new tax system effective from 2028, wealthier individuals will s...

Amsterdam frees up more vacant homes: from 1,300 to 1,836 in one year

Amsterdam made over 1,800 homes habitable again last year

In 2025, the city of Amsterdam successfully returned over 1,800 vacant or fraudulently occupied homes to the housing market. These efforts are part of the municipality's ongoing strategy to combat hou...

Tripadvisor AI tool 'forgets' negative reviews and praises hotels as flawless

Research by the British consumer organization Which? has found that Tripadvisor's AI tool often excludes negative hotel reviews in its automated summaries. This leads to misleading descriptions, where...

Morocco, Curaçao and Mexico increasingly popular with Dutch tourists: ‘600 passengers per day’

While high costs are causing some Dutch residents to stay home this summer, many are choosing to travel abroad for their vacations. Spain remains the top destination, though countries such as Mexico, ...

Jan-Bert Vroege leaves Amsterdam politics for alderman role in Almere: "Time for something else"

After sixteen years in Amsterdam politics, Jan-Bert Vroege has been installed as a new alderman in Almere. He will oversee a diverse portfolio focused on the city's future, including economy, innovati...

Inland shipping stalled by neglected bridges: 'Days of delays or hundreds of kilometers in detours'

The inland shipping sector in the Netherlands is facing significant delays and logistical disruptions due to poorly maintained and broken bridges. Critical routes, including the standing mast route in...

Cabinet invests 450 million euros in underground hydrogen storage

The Dutch cabinet is investing 450 million euros from the Climate Fund into the construction of underground hydrogen storage facilities. This initiative aims to support the transition to renewable ene...

FNV welcomes ban on temporary agency workers in meat sector

The trade union FNV has welcomed Minister Hans Vijlbrief's decision to ban temporary workers in the meat sector starting in June 2028. While the union views this as a breakthrough against structural a...

Time is money in theater construction as costs threaten to soar: Every month of delay means 50,000 euros in extra costs

The renovation and new construction of the Stadsschouwburg Velsen are facing significant budget overruns, with delays costing an additional 50,000 euros per month. The local municipal council is now c...

DNB opens ATMs on Saba and Sint Eustatius

De Nederlandsche Bank (DNB) has opened its first ATMs on the islands of Saba and Sint-Eustatius this week. The initiative aims to improve access to cash withdrawals for local residents, business owner...

Going on holiday by electric car? Traveling to France is much cheaper than to Italy

Electric vehicle drivers planning a summer vacation face significant variations in charging costs across different European countries. Research indicates that travel costs differ depending on the dest...

Vijlbrief: Meat might be 'a bit' more expensive due to temp agency ban

Dutch Minister Hans Vijlbrief suggests that meat prices may increase slightly starting in June 2028 due to an upcoming ban on temporary employment agencies in the meat sector. He defends the policy as...

Court examines site of Rotterdam gold heist

The court visited a safe deposit company in Rotterdam to investigate a massive gold heist that occurred between 2018 and 2019. Prosecutors estimate the current value of the stolen gold, which remains ...

Global food prices drop slightly as Strait of Hormuz remains open

Global food prices decreased for the second consecutive month in June, falling 0.3 percent according to the UN's Food and Agriculture Organization. The decline was primarily driven by lower costs for ...

Mandatory internship compensation, but no minimum amount

The Dutch cabinet has decided that all students will be entitled to a mandatory internship allowance in the future. However, the government has not set a minimum amount, allowing for significant varia...

Gamblers get no refunds from unlicensed online casinos

The Dutch Supreme Court has ruled that gamblers who lost money at unlicensed online casinos are not entitled to a refund. This decision overturns previous lower court rulings and effectively ends atte...

Possible traffic fine increases may violate European law

The Advocate General has advised the Supreme Court that significant increases in traffic fines may conflict with European law. The advice argues that individuals who are unable to pay should not be su...