Economy News in English
Latest economy headlines from Dutch news, translated into English.
People keep credit cards in their pockets due to economic uncertainty
Dutch consumers are using their credit cards less frequently due to economic and geopolitical uncertainty following the start of the conflict in the Middle East. According to data from Visa Netherland...
Medical patient data also stolen in ChipSoft hack
Hackers stole medical patient data during a cyberattack on ChipSoft, a major software provider for the healthcare sector. The company confirmed the theft of sensitive information on Thursday following...
Meat fraud involving beef heads in Brabant, NVWA conducts raid
The Dutch Food and Consumer Product Safety Authority (NVWA) raided a meat company in Nuenen on suspicion of meat fraud and document falsification. Three employees were arrested for allegedly trading m...
Average Haarlem mover settles 16 kilometers away
Recent data from the Central Bureau for Statistics (CBS) reveals that residents moving from Haarlem travel an average distance of 16 kilometers to their new homes. This distance typically leads former...
Greenpeace hopes Dutch court overturns multi-million dollar US fine
Greenpeace and US pipeline company Energy Transfer appeared in an Amsterdam court to dispute a multi-million dollar fine issued against the environmental group in the United States. Greenpeace is chal...
Pubs allowed to stay open overnight for late World Cup matches this summer
Bars in Amsterdam will be allowed to extend their opening hours from June 11 to July 19 to broadcast late-night FIFA World Cup matches held in North America. Mayor Femke Halsema specified that while e...
KLM cancels 160 flights at Schiphol due to rising fuel prices
KLM will cancel 160 flights to and from Schiphol Airport over the coming month. The airline is reducing its schedule in response to rising kerosene prices.
KLM cancels 160 European flights due to high fuel costs
KLM has cancelled 160 European flights scheduled for the coming month due to rising fuel costs. The airline stated that these routes are no longer profitable because of the high price of kerosene.
KLM cancels 160 European flights due to rising fuel prices
KLM is cancelling 160 European flights to and from Schiphol Airport next month due to rising fuel prices caused by the conflict in the Middle East. These cancellations represent less than one percent ...
Amazon video doorbells now recognize your face – ‘undesirable’, says regulator
Amazon is introducing AI-powered facial recognition technology to its video doorbells, which the company claims will store data securely. However, the Dutch Data Protection Authority (AP) has expresse...
Housing construction stalls due to full power grid, Utrecht faces connection freeze
The Dutch Association of Real Estate Agents (NVM) warns that housing construction may slow down due to upcoming changes in power grid connection priorities. A potential connection stop in Utrecht curr...
Labor Inspectorate finds nine illegal workers in BBQ restaurant raid
The Dutch Labor Inspection discovered nine illegal workers during a raid at a barbecue restaurant in Amsterdam-West last Thursday. More than half of the fourteen staff members lacked valid work permit...
Cabinet: no more animal transport on sweltering days, only allowed up to 30 degrees
The Dutch cabinet has announced a ban on the transport of livestock, including pigs, chickens, and cows, when temperatures exceed 30 degrees Celsius. State Secretary Silvio Erkens stated the measure i...
Amsterdam house prices fall faster than national average, but overbidding remains the norm
House prices in Amsterdam fell by 5.8% in the first quarter of 2026, a sharper decline than the 2.7% drop seen nationally across the Netherlands. This trend is driven by an increase in supply as inves...
Brussels wants European mega-companies to compete with China and US: merging must become easier
The European Commission is considering a revision of merger guidelines to facilitate the creation of larger companies within the European Union. This strategic shift aims to help European businesses c...
Nature permit still required for Rotterdam and Eindhoven airports
A Dutch court has ruled that Rotterdam and Eindhoven airports must obtain nature permits, overturning a previous government decision that deemed them unnecessary. The ruling follows legal challenges f...
Babboe cargo bikes return, relaunch starting in Germany among other countries
Parent company Accell has announced that Babboe cargo bikes will return to the market following a major safety recall. The relaunch comes after the Dutch Food and Consumer Product Safety Authority (NV...
Low incomes hardest hit by expensive oil
Rising oil prices due to conflict in the Middle East are increasing inflation and reducing purchasing power, particularly for low-income households with cars. The Netherlands Bureau for Economic Polic...
Coalition wants to compensate companies for electricity costs
Dutch coalition parties D66, CDA, and VVD have proposed moving forward funds originally allocated for 2028 to help companies manage current electricity costs. This initiative was announced during a pa...
Iran war hits our wallets: purchasing power growth could completely evaporate
A scenario study by the CPB indicates that the conflict involving Iran could lead to higher energy prices and inflation for Dutch households. This rise in costs might completely offset the expected gr...
House prices now falling significantly, by up to 6 percent: check your neighborhood here
House prices in the Netherlands fell by up to 6 percent during the first quarter of the year. Real estate agents attribute this decline to rising mortgage interest rates and global uncertainty caused ...
Diesel price at the pump drops by nearly 6 cents
Diesel prices in the Netherlands fell by nearly 6 cents on Thursday, with the national recommended price dropping to 2.589 euros per liter. This decrease follows a record high of 2.819 euros per liter...
Dutch DPA to audit data security at IT suppliers
The Dutch Data Protection Authority (AP) is launching preventive audits of ICT suppliers in the Netherlands to evaluate their digital security measures. This initiative aims to help companies identify...
Fast-charging company Fastned profits from high fuel prices and records significant profit
Fast charging company Fastned reported a profit increase to 32 million euros in recent months. The company attributes this growth to rising gasoline and diesel prices, which are encouraging more drive...
Parliament seeks clarification on data vault containing benefits scandal documents
The Dutch House of Representatives has called for clarification regarding a data vault containing millions of documents related to the childcare benefit scandal that remained hidden for years. Politic...
Council of State: give more consideration to future generations
The Dutch Council of State has advised the cabinet to prioritize the interests of future generations when drafting legislation, particularly concerning long-term issues like climate change, housing, a...
Council of State extends priority for housing construction cases
The Dutch Council of State announced it will continue prioritizing housing construction cases until at least the summer of 2027 to address the country's housing shortage. Since the policy began in 202...
Australia increases defense budget under US pressure and China threat
Australia plans to increase its defense budget to 3% of its GDP within the next seven years in response to China's growing regional influence. The decision also follows pressure from the United States...
Petrol and diesel slightly cheaper again due to negotiation optimism
Fuel prices for petrol and diesel in the Netherlands decreased on Thursday morning following weeks of record highs, with prices reaching 2.546 and 2.589 euros per liter respectively. This decline is a...
Housing market cools: prices fall and number of viewings declines
The Dutch housing market cooled down at the start of the year, with both property prices and the number of viewings seeing a decline. According to quarterly data from the NVM, interest from buyers has...