Economy News in English
Latest economy headlines from Dutch news, translated into English.
Why the cabinet thinks unions will reach a state pension deal soon after all
The Dutch minority cabinet is seeking a quick agreement with trade unions regarding the state pension (AOW) to ensure its own political survival. While the government's policies have revitalized the u...
15-minute train ride in US more than 11 times more expensive during World Cup
Train tickets for a 15-minute round trip between New York and New Jersey will cost approximately $150 during the upcoming World Cup. This fare represents a nearly twelvefold increase over the standard...
Pope Leo denounces exploitation of Africa for raw materials
Pope Leo strongly condemned the exploitation of African nations for their natural resources during his visit to oil-rich Angola. He stated that the continent is a victim of despots and tyrants who fai...
Americans in hours-long queues at Schiphol due to glitch: ‘Terrible!’
A technical malfunction in digital self-service kiosks at Schiphol Airport caused significant delays for non-European travelers on Saturday morning. Passengers, including many Americans, faced hours-l...
Trump: Iran cannot blackmail us by closing the Strait of Hormuz
President Donald Trump stated that Iran cannot blackmail the United States by threatening to close the Strait of Hormuz. He also noted that the two countries are still engaged in discussions despite t...
ANWB warns: emergency systems in millions of cars will soon stop working
The ANWB warns that emergency systems in approximately 2 million cars will stop functioning when the 2G mobile network is deactivated by the end of next year. This technical issue could lead to these ...
Amsterdam: possible easing of rent rules poorly thought out
Amsterdam housing alderman Zita Pels has criticized potential national government plans to relax rent regulations, calling the move ill-conceived. Pels warns that easing these rules would allow rental...
Cabinet activates national oil crisis plan
The Dutch government has activated Phase 1 of the National Oil Crisis Plan as a precautionary measure due to rising tensions in the Middle East. While there are currently no acute fuel shortages or re...
Families pay a fortune for theme park entry and parking, but affordable options are nearby
Dutch theme parks are preparing for a busy May holiday, but high entry and parking costs at major attractions can lead to families spending hundreds of euros. Smaller, more affordable parks like Sproo...
Karlijn had an impressive CV, but her living room looked ‘very minimalist and cold’
Remote job interviews via platforms like Zoom have introduced candidates' private lives into the hiring process, leading some employers to judge applicants based on their home surroundings. Career coa...
Father of the inspiration for Super Mario turns out to be named Luigi: 'Pure coincidence'
Research has revealed that the father of Mario Segale, the namesake for Nintendo's Mario, was actually named Luigi. This discovery suggests that the naming of Mario's brother in the video game series ...
'Super-complainers' file 25,000 reports about Schiphol, most complaints about notorious ‘Jumbo Jet’
A small group of 102 "frequent complainers" accounted for nearly half of the 386,730 noise complaints regarding Schiphol Airport last year. The Boeing 747-400, or "Jumbo Jet," was the specific aircraf...
How former top entrepreneur Hennie van der Most gambled and risks losing everything
Former self-made Dutch entrepreneur Hennie van der Most is facing financial ruin following the failure of his Rotterdam amusement park project, Rivoli. Known for successful ventures like Speelstad Ora...
Tanker convoy spotted passing through Strait of Hormuz
A convoy of tankers carrying oil, gas, and petrochemical products has been observed traveling through the Strait of Hormuz toward the Indian Ocean. According to data from MarineTraffic, the vessels ar...
Screen time | Do parents look at themselves enough in digital parenting?
Tech reporter Rutger Otto attended a parents' evening focused on healthy screen usage for his weekly 'Schermtijd' column. The piece explores whether parents adequately reflect on their own digital hab...
Unions resume negotiations on new collective labor agreement after series of civil servant strikes
Trade unions representing Dutch civil servants have accepted an invitation from Minister Pieter Heerma to resume negotiations for a new collective labor agreement. The decision follows a series of str...
US allows temporary Russian oil sales at sea again
The Trump administration has extended an exemption allowing countries to purchase sanctioned Russian oil that is already at sea. This decision reverses a previous announcement that the waiver would ex...
NVDE: Clean electric motors save as much electricity as a million households use
The NVDE and IJmond IJzersterk are calling for mandatory energy-efficient electric motors in the industrial sector to help alleviate pressure on the congested power grid. Implementing these standards ...
Janny labeled a 'money-grubber' for rightly reclaiming modest sum from late sister
Janny is attempting to recover a small amount of money owed to her late sister by a company that is demanding an expensive notarial deed to process the refund. Despite the existence of an inheritance ...
'You don't want to drive away customers': Fairground industry caught between inflation and public demands
Fairground operators are struggling to balance rising operational costs, such as fuel and insurance, with the need to keep prices affordable for visitors. Despite the financial pressure from inflation...
Iran Parliament: Strait of Hormuz to close if US blockade continues
Iran's parliament speaker, Mohammad Bagher Ghalibaf, announced that Iran will close the Strait of Hormuz if the United States continues its blockade of the country's ports. This statement follows repo...
Destroyed by gossip or a cruel meme? Univé to pay for your psychologist: ‘This is fantastic’
Dutch insurer Univé has introduced a new coverage option within its home insurance policies to provide financial and practical assistance to victims of cyberbullying and online stalking. This initiat...
Rosewood Hotel opposes Fabel Friet: ‘No one would have made such a fuss about any other business’
Cabinet wants subsidy for switch to electric cars
The Dutch cabinet plans to allocate 50 million euros for a subsidy to help low and middle-income earners purchase electric vehicles. To qualify for the financial assistance, individuals would be requi...
From carpenter to union chairman: Niels Mans (49) fights for trust at Tata Steel. ‘What we want is pride’
Niels Mans has transitioned from a career as a carpenter to becoming the new FNV union chairman at Tata Steel. Based in Velsen-Noord, he is focused on restoring trust and pride among workers at the in...
Metal and chemical companies find it harder to pass on energy costs
Companies in the chemical and metal sectors are struggling to pass on increased energy costs resulting from the conflict in the Middle East to their customers. This situation is leading to financial d...
Crowds at Schiphol as May holiday begins: ‘People are herd animals: if they see a queue, they join it’
Minister Karremans sets date for Lelystad Airport opening, now only needs a permit
Minister Vincent Karremans has set October 2027 as the target date for opening Lelystad Airport to holiday flights. The opening remains contingent on obtaining a nature permit, which is currently unfe...
Amsterdam residents to be involved in new coalition negotiations
The political parties PRO and D66 plan to involve Amsterdam residents in the formation of a new coalition agreement by inviting 75 randomly selected citizens to participate in discussions. Alongside t...
Amsterdammers to be involved in new coalition negotiations
Amsterdam's forming coalition parties are involving residents in negotiations by selecting 75 randomly chosen citizens to participate in the formation process. Formateur Hendrik-Jan Biemond has also a...