Economy News in English

SpaceX to become the largest IPO ever, if the planets align

SpaceX is potentially headed for the largest initial public offering in history, provided market conditions are favorable. Investors would need to pay a high price and accept limited control, betting ...

Provincial officials traveling to US to discuss Formula 1 cycling traffic, cost: 29,000 euros

A delegation of five provincial officials is traveling to California for a study trip focused on public transportation and cycling logistics for Formula 1. The visit, which costs 29,000 euros, aims to...

Dementia costs society tens of billions according to research

A study conducted by health economist Robbert Huijsman for Alzheimer Nederland estimates that the societal costs of dementia in the Netherlands reached 31.8 billion euros last year. This analysis incl...

Number of bankruptcies decreased by 12 percent in April

The number of company bankruptcies in the Netherlands decreased by 12 percent in April compared to the same month last year. A total of 293 businesses went bankrupt, representing a decline of 39 cases...

More passengers via Eindhoven Airport despite Middle East unrest and rising fuel costs

Eindhoven Airport recorded its busiest first quarter ever, seeing a significant increase in passenger numbers despite higher kerosene prices and Middle East unrest. While Schiphol faces setbacks, the ...

Sales of petrol and diesel cars fall in the Netherlands

Sales of new gasoline-powered cars in the Netherlands halved last month compared to the same period last year. This data was released by the European automobile manufacturers' association, ACEA.

Samsung employees can expect millions in bonuses

Samsung and labor unions have reached an agreement on substantial employee bonuses for the coming years. This deal has successfully averted a planned 18-day strike at the South Korean technology giant...

Ster expects record advertising revenue during World Cup despite unfavorable kick-off times and Trump effect

Ster, the advertising arm of the Dutch Public Broadcasting (NPO), expects record-breaking revenue during the upcoming football World Cup in North America. Despite challenges such as unfavorable kick-o...

Commercial waste in East ends up in household bins far too often

Authorities in the Amsterdam-Oost district are implementing stricter enforcement against business owners who dispose of commercial waste in household containers, leading to littered shopping streets. ...

Fewer permits for temporary housing despite housing shortage

In 2025, Dutch municipalities issued approximately 3,000 permits for temporary housing, which is a 50% decrease compared to the previous year. According to statistics bureau CBS, this decline comes de...

Number of homes worth at least a million increases significantly

The number of homes in the Netherlands valued at one million euros or more reached 273,000 in 2025. This marks a significant increase of nearly 50,000 homes compared to the previous year.

A €150,000 prefab home for first-time buyers? ‘At Landal you see the most beautiful cottages’

Knowledge organization Platform31 is advocating for factory-built homes as an affordable and rapid solution for starters in the housing market. The group suggests that allowing individuals to purchase...

Hundreds of residents desperate as heating systems fail for years in Haarlem and Amstelveen

Hundreds of residents in Haarlem and Amstelveen have faced persistent failures with their gas-free heat and cold storage (WKO) systems for years, leaving many without heating or cooling. The issues hi...

One in nine homes in Haarlem worth more than a million: more than in comparable areas

One in nine owner-occupied homes in Haarlem is now valued at over one million euros, according to data from valuation agency Calcasa. Out of the city's 43,000 houses, 4,800 have reached this price thr...

Majority of Amsterdammers interested in neighborhood library of things

Support for climate policy erodes, one-third of population feels they are ‘no longer allowed to enjoy anything’

Support for climate change policies in the Netherlands is declining as a growing portion of the population prioritizes other issues. While a majority still favors reducing greenhouse gas emissions, ma...

Amsterdam returns to court over Noorder IJplas wind turbines – but will give up if it fails this time

Vijlbrief's gamble: unions will eventually compromise

Minister Vijlbrief is postponing significant cuts to state pensions and unemployment benefits while maintaining that budget reductions remain inevitable. He is gambling on future compromises from labo...

Zeeman closes dozens of stores and exits Portugal and Austria

The Dutch retailer Zeeman has announced plans to withdraw from the Portuguese and Austrian markets and close 51 stores across France, Spain, and Germany this year. The company stated in its annual rep...

Haarlem 'food rescuers' save 67,000 kilos of food from waste annually

The Haarlem Food Future foundation rescues approximately 67,000 kilograms of surplus food from local supermarkets every year to prevent waste and support families in need. Volunteers collect and distr...

434 listed buildings sold in Haarlem: sales price 62 percent higher than standard homes

According to data from the NVM brokers' association, 434 monument properties were recently sold in Haarlem. These historic homes are priced 62 percent higher on average compared to standard residentia...

KLM further postpones flights to Dubai and Saudi Arabia

KLM has extended the suspension of its flights to Dubai and Saudi Arabia due to the ongoing conflict in the Middle East. Flights to Dubai, which were previously cancelled through June 28, will now rem...

Sluiseiland finally accessible from IJmuiden after locks reopen, but frustration remains. 'A three-day outage was beneath our pride,' says former RWS employee

Rijkswaterstaat reopened the Kleine Sluis and Zuidersluis on Tuesday, restoring access to Sluiseiland for residents and emergency services after a three-day outage. While these locks are functional ag...

New Haarlem Spaarnepoort bus station to reduce car space on Schipholweg, info market soon

The Schipholweg in Haarlem is undergoing a major transformation involving the construction of the new Haarlem Spaarnepoort public transport hub and surrounding housing developments. These changes will...

Childcare staff shortage could triple in the coming years

Researchers from Ipsos and SEO Economic Research predict that the labor shortage in the childcare sector will triple in the coming years despite ongoing efforts to address it. The study highlights tha...

Bridges are a ticking time bomb in the Dutch road network

Traffic bridges across the Netherlands are facing a maintenance crisis, with one-third of municipalities reporting backlogs and many having to close structures for safety reasons. Experts warn of impe...

Existing home prices rise in all municipalities; Kaag en Brasem and Zoeterwoude see sharpest increases according to CBS

Existing owner-occupied homes in the Netherlands were 5.2 percent more expensive on average in the first quarter of this year compared to 2023. According to Statistics Netherlands (CBS), home prices i...

Mango owner suspected in father’s death temporarily steps down

The owner of the Spanish fashion chain Mango has temporarily stepped down from his position after being linked to the death of his father in December 2024. The investigation into his involvement in th...

Oil giant BP dismisses chairman over 'serious concerns' about performance

British oil giant BP has dismissed its chairman, Albert Manifold, effective immediately due to serious concerns regarding his performance. This decision contributes to ongoing leadership instability w...

Unions: cabinet proposals seem insufficient

Dutch trade unions FNV, CNV, and VCP have rejected the government's latest social security reform proposals, calling them insufficient and unclear. Although the unions have agreed to a clarifying meet...