Economy News in English

How the stiff and gray WTC now attracts hip tech startups: ‘We’ve started dusting off’

Citroën to launch electric version of famous 2CV

French automaker Citroën has announced it is developing an electric version of its iconic 2CV model, commonly known as the "Duck." The new electric vehicle is scheduled to be officially unveiled to t...

Many people struggle with price increases: ‘We are very bad at losing things’

Rising prices are increasingly affecting middle-income earners and homeowners in the Netherlands, leading to difficulties in covering fixed costs. Many Dutch citizens plan to reduce spending on vacati...

Delayed fiscal cliff and high youth care costs: Heemskerk in financial distress, with a €5.1 million deficit by 2030

The municipality of Heemskerk is facing significant financial strain, with a projected deficit of 3.4 million euros next year that is expected to rise to 5.1 million euros by 2030. According to the 20...

Court overturns traffic fine, potentially undermining paid parking zones: ‘Almost every major city uses this’

The Amsterdam Court of Appeal has annulled a parking fine for a woman who exceeded her paid parking time by ten minutes, citing specific municipal legislation. Legal experts suggest this ruling could ...

Troubled Utrecht commuters entitled to compensation for longer if buses don't run

The province of Utrecht has extended its compensation scheme for public transport passengers facing delays or cancellations until December 12. Previously set to expire on May 31, the extension ensures...

New residential area on Korte Verspronckweg in Haarlem

A new residential area featuring 200 homes will be developed on the Korte Verspronckweg in Haarlem. Half of the project is dedicated to social housing, with an additional focus on enhancing greenery a...

Argos: Suspicion of fraud in Amsterdam work-study program for status holders

Airbus and Air France found guilty of 2009 plane crash that killed 228

Airbus and Air France have been found guilty of manslaughter on appeal for the 2009 plane crash that killed all 228 people on board. The aircraft crashed into the Atlantic Ocean several hours after ta...

Large-scale fraud by transport company forcing drivers to work up to 20 hours

A transport company has been found guilty of large-scale fraud after a two-and-a-half-year investigation into its driver registration practices. At least twelve truck drivers used the cards of eightee...

Moerdijk may remain after all: new port expansion option on the table

The Dutch government is considering a reduced expansion of the port and industrial area near Moerdijk, which could allow the village of Moerdijk to remain. This development follows a statement from th...

Oliebollen and Christmas tree sellers relieved: ‘I feared we would lose what we had built up’

Subsidy for reuse plans

The city of Haarlem is offering subsidies for initiatives that focus on repairing, sharing, or reusing materials to reduce CO2 emissions. Residents and non-profits can receive up to €5,000 in fundin...

Amsterdam homeowners to lose right to social housing starting in 2027

Starting in 2027, the city of Amsterdam will implement new regulations that deny homeowners access to social rental housing to prioritize those in greater financial need. Amsterdam is the first munici...

Amsterdam homeowners will soon be banned from social housing

The municipality of Amsterdam plans to prohibit homeowners from renting social housing starting next year. This measure is intended to ensure that social rental properties are reserved for households ...

Class action lawsuit against company selling data of millions of Dutch people

Privacy foundation The Privacy Collective has filed a mass claim against the American tech company AppLovin for allegedly collecting and selling the data of millions of Dutch citizens. The foundation ...

Life in EU to become much more expensive this year: inflation rises to 3.1 percent

The European Commission's spring forecast predicts that inflation in the European Union will rise to 3.1% this year. This trend is largely driven by increased energy prices resulting from conflict in ...

Both of Tata Steel’s polluting coke and gas plants must close; company’s survival depends on speed of transition

Tata Steel in IJmuiden is facing the mandatory closure of its two polluting coke and gas plants after environmental regulators threatened to revoke their permits. While the company acknowledges the cl...

Mass claim against US company for allegedly reselling data of 8.5 million Dutch people

A Dutch organization has launched a mass claim against an American company for allegedly selling the personal data of 8.5 million Dutch citizens. The data was reportedly collected through popular apps...

Why grid operators want to adjust electricity prices several times a day and who will feel the impact

Dutch grid operators are proposing to adjust electricity prices multiple times a day based on grid demand to manage congestion. Under this plan, power would become more expensive during peak hours and...

Council of State approves construction of ten houses on Kaag Island: ‘Ferry can handle five extra cars at peak hour’

The Dutch Council of State has approved the construction of ten new houses on Kaageiland at Julianalaan 68-70. This decision follows years of legal objections, with the court ruling that the local fer...

Ukraine attacks refinery hundreds of kilometers inside Russia

The Ukrainian military conducted an attack on a Rosneft oil refinery in Syzran, Russia, located over 800 kilometers from the border. President Volodymyr Zelensky shared footage of the strike, which re...

Alderman Van Buren downplays 67 million in discrepancies, but acknowledges problems with Afis financial system: ‘Not very surprised’

Want to (finally) find out how much your colleague earns? Starting next year, you can

Starting in 2027, a new legislative proposal from Dutch Social Affairs Minister Hans Vijlbrief will require employers to allow employees to see their colleagues' salary information. The bill aims to i...

Bouwend Nederland warns of collapsing bridges: ‘Heading for a Genoa scenario’

Bouwend Nederland warns that the Netherlands risks major infrastructure failures similar to the Genoa bridge collapse if maintenance for bridges and tunnels is not urgently addressed. The association ...

IJmuiden fishing company loses court case: Harbor fishing ban could not be lifted before 2025

The Dutch Council of State ruled against a fishing company from IJmuiden that challenged the duration of a fishing ban on eel and mitten crab in harbors. The court found that the Ministry correctly de...

Investing households benefit most from oil companies like Shell

Dutch households experienced a significant increase in the value of their investments in oil companies, such as Shell and Exxon Mobil, over the past quarter. Data from De Nederlandsche Bank (DNB) indi...

Middle East war hits homebuyers: mortgage rates rise

The conflict in the Middle East is driving up energy prices and inflation, resulting in a rise in mortgage rates. This economic trend is beginning to impact home buyers as interest rates continue to c...

Consumer groups demand Brussels action against fake ads

The Dutch Consumer Association (Consumentenbond) and 28 international partner organizations are urging the European Commission to take action against fake online advertisements. They claim that major ...

Haarlem house prices reach record high, most buyers bidding above asking price

House prices in Haarlem have reached a record high, increasing by 4.8% over the past year according to data from the Central Bureau of Statistics. Most buyers are currently required to bid above the a...