Economy News in English

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...

Consumer confidence falls further in May

Consumer confidence decreased further in May, largely driven by rising energy prices linked to the conflict in the Middle East and general economic uncertainty. This decline follows a previous downwar...

Number of part-timers wanting to work more increases: average of 8.5 extra hours per week

The number of part-time workers wanting to increase their hours rose in the first quarter, with an average desire for 8.5 additional hours per week. This trend is particularly noticeable among employe...

More single people bought a house: 'But half of buyers received help'

Over the past two years, an increasing number of single starters in the Netherlands have purchased homes, often benefiting from the sale of affordable former rental properties. Despite couples' mortga...

Pension fund invests 350 million euros in rental housing: 'Difficult in the Netherlands'

Pension fund ABP and investment platform Rockfield are investing 350 million euros into the construction of rental housing specifically for students and starters in the Netherlands. The initiative see...

Gym teacher Daan (27) gets home through priority scheme for key workers: ‘I immediately thought: this is so wonderful’

No shelter for homeless mothers in Southeast: ‘They sleep between cars, in garages and on walkways’

Loss-making SpaceX unveils plans for what could be the largest IPO ever

Elon Musk has announced plans to take SpaceX public next month in what could be one of the largest initial public offerings in history. Despite being loss-making, the aerospace company's move to the s...

Men increasingly stepping in as caregivers: risk of burnout looms

The number of informal caregivers in the Netherlands is increasing, with men notably stepping into these roles more frequently than before. While women still provide the majority of care, the growing ...

More and more homeowners struggling: 'Middle-income earners also feel the strain'

A report from the National Mortgage Guarantee (NHG) reveals that the financial situation for Dutch homeowners is deteriorating, with 8.8% now unable to cover all their costs. Middle-income earners and...

Aldi and Albert Heijn recall nuts over risk of injury

Supermarket chains ALDI and Albert Heijn are recalling unsalted cashew nuts due to the potential presence of metal particles. These fragments pose a risk of physical injury to consumers, and the retai...

AI chip giant NVIDIA revenue hits new record of 81.6 billion

NVIDIA reported a record quarterly revenue of $81.6 billion, marking an 85% increase from the previous year. This significant growth is attributed to the surging demand for the company's artificial in...

Coalition agreement between PRO and D66 imminent: "Implementation must be much better"

A coalition agreement between PRO Amsterdam and D66 is expected to be finalized within a few weeks, focusing on improving the execution of city policies. Due to limited financial resources, the upcomi...

Plans for urn crypt under Amsterdam’s Westerkerk: search for ‘founders’ with €10,000 contribution

Give farmers and housing priority over Lelystad Airport, says Dutch House of Representatives

A majority of the Dutch House of Representatives has called on the government to prioritize permit-less farmers and housing construction over the development of Lelystad Airport. The decision mandates...

Car becomes mobile home battery and can lower energy bills

Renault is introducing the electric Renault 4 and 5 models, which feature technology that allows the vehicles to serve as mobile home batteries. This initiative is designed to help manage power grid c...

First 32 kilometers of Dutch hydrogen network completed for industry

The first 32-kilometer section of the Dutch national hydrogen network was completed on Wednesday, connecting the Maasvlakte to Pernis. This pipeline serves as a critical infrastructure link designed t...

Kanaaldijk redevelopment in IJmuiden to start in spring 2027 with road widening and new roundabout

The redevelopment of the Kanaaldijk in IJmuiden is scheduled to begin in spring 2027 following the approval of a final design. The project involves widening the road and replacing the intersection at ...

Every prime minister wants it, it never works: why the number of civil servants keeps growing

Every Dutch prime minister aims to reduce the number of civil servants, yet the size of the central government continues to grow annually. The article explores why this trend persists despite consiste...

Good news: You can soon park your bike for free for longer in Amsterdam

Starting June 1st, cyclists in Amsterdam will be able to park their bikes in indoor garages for free for a longer duration. This initiative aims to reduce street clutter by encouraging residents and v...

Xi and Putin united in criticism of Trump, but gas pipeline deal remains elusive

During a joint statement in Beijing, Presidents Xi Jinping and Vladimir Putin condemned the defense policies of US President Donald Trump as reckless. Despite their diplomatic alignment, China and Rus...

Oliebollen permit system overhauled; more certainty for business owners

The City of Amsterdam is overhauling its permit system for seasonal vendors to provide more long-term certainty while complying with European regulations. Oliebollen vendors will now receive 10-year p...

Union announces nationwide public transport strike if government fails to meet demands

The FNV union has announced a nationwide public transport strike scheduled for the early morning of June 24. This action serves as a protest against government cuts to social security and will proceed...

Revolutionary Guard reports passage of 26 ships near Hormuz

The Iranian Revolutionary Guard reported that 26 cargo ships passed through the Strait of Hormuz in a coordinated manner over a 24-hour period. The IRG asserts control over the strategic waterway and ...

Zeeman attracts more customers buying more expensive items

Zeeman reported increased revenue in 2025 despite a decrease in the total volume of items sold compared to the previous year. The budget retailer is successfully attracting customers with higher spend...

Amsterdam transport company shut down after repeated violations

Disneyland sued by visitor for using facial recognition

A visitor is suing Disneyland in the United States for allegedly using facial recognition technology without clearly informing guests. The lawsuit claims the park collected sensitive data during a fam...

Dutch civil servants agree to pay rise and one-time payment

Dutch civil servants have agreed to a new collective labor agreement featuring a 2.7 percent wage increase and a one-time payment. Employees in lower income scales will receive 1,400 euros, while thos...

Banks fully commit to European cryptocurrency: Rabobank and ABN Amro also join

Rabobank and ABN Amro have joined a group of European banks to launch a euro-denominated stablecoin. This initiative aims to provide a European alternative to the stablecoin market currently dominated...

NATO countries reject fixed percentage for Ukraine aid

NATO Secretary-General Mark Rutte's proposal for European member states to allocate a fixed 0.25 percent of their GDP to support Ukraine has been rejected. NATO countries are currently unwilling to co...