Economy News in English
Latest economy headlines from Dutch news, translated into English.
Report: sex workers intimidated and exploited, no oversight
A report by the Sex Work Reporting and Advice Point (SMAP) reveals that sex workers in the Netherlands face poor working conditions, intimidation, and exploitation. The organization criticizes the gov...
Successful business, but Elvan lies awake at night over tax returns: ‘I put everything off’
Elvan, a 38-year-old entrepreneur, struggles with severe anxiety and procrastination regarding her business tax returns and financial administration. Despite projecting a successful and curated life o...
Discrimination test to prevent new benefits scandal will not be mandatory
Dutch Interior Minister Pieter Heerma announced that government organizations will not be legally required to use a discrimination test designed to prevent future scandals. Although approximately fort...
Websites for domestic cleaners must change methods to inform customers of subscriptions
The Netherlands Authority for Consumers and Markets (ACM) has intervened to ensure websites offering domestic help are transparent about subscription costs. This action follows numerous complaints fro...
Designer Joyce (41) earns 2,600 euros a month: ‘I used to have my eyebrows done every five weeks, now I pluck them myself’
Homeowners Association wants stricter control on house hunting: ‘Still cronyism’
Vereniging Eigen Huis is calling for stricter government oversight of the housing market, citing ongoing issues with transparency and "cronyism." Their research reveals that bidding logs are frequentl...
Other cities have long had public heating companies: what is holding Amsterdam back?
Subsidy pot shrank, site crashed, and now a lottery decides on changing room renovations and concrete rot repairs
Deaths in Kenya during protests against fuel price hikes
Four people were killed and more than 30 injured during protests against rising fuel prices in various Kenyan cities. Minister of Interior Kipchumba Murkomen confirmed the casualties during a televise...
Trump announces expansion of drug discount program
U.S. President Donald Trump has announced that the government-backed website TrumpRx.gov will expand its offerings to include generic medications. The platform is designed to provide consumers with di...
Schiphol uncertain about wait times after change in security approach
Schiphol Airport is uncertain whether long security queues will persist on Tuesday following significant delays experienced on Monday morning. A spokesperson stated that the airport cannot yet predict...
Jury dismisses Musk's lawsuit against company behind ChatGPT
A jury has rejected Elon Musk's lawsuit against OpenAI, the creator of ChatGPT, which Musk co-founded. Musk claimed the company had betrayed its original mission, but the jury dismissed the case becau...
No money for new siren system, emergency sirens to disappear in 2028
The Dutch government will discontinue the monthly air raid siren system starting in 2028 due to a lack of funding for a new, innovative replacement. Minister of Justice and Security David van Weel ann...
Trump drops billion-dollar claim against tax authorities
Former U.S. President Donald Trump has withdrawn a lawsuit he previously filed against the Internal Revenue Service (IRS). The decision was confirmed through recently released court documents.
Scammer sentenced to community service for Marktplaats fraud in Heemstede and Hoofddorp
A 24-year-old man from Heemstede was sentenced by a Haarlem court to 240 hours of community service for online fraud and money laundering. Between September and December 2021, the defendant and his ac...
Power grid also faces gridlock in North and South Holland, stalling housing and business. VNO-NCW seeks crisis law to shorten appeal processes.
VNO-NCW has warned the Dutch government that the power grid in North and South Holland is reaching its limit, potentially halting new housing projects and heat pump installations. The organization is ...
Time running out for EU-US trade deal: 'No one wants tariffs and barriers'
EU member states and the European Parliament are resuming negotiations with the United States on Tuesday to finalize a trade agreement and avoid new tariffs. Dutch Trade Minister Sjoerd Sjoerdsma emph...
Pile of debris at Turkish Airlines disaster memorial remains a mystery: papers lead to man home with burnout
A 55-year-old man appeared in a Haarlem court for allegedly dumping a pile of debris at the Turkish Airlines crash memorial in February 2022. The defendant denies the charges, claiming he was at home ...
'It's pure greed': why we are queuing en masse for a plastic watch
Large crowds queued globally last weekend for the release of a new watch collaboration between Swatch and the Swiss luxury brand Audemars Piguet. Despite criticism from watch connoisseurs regarding th...
Tech experts demand transparency on Solvinity acquisition decision
A group of tech experts and scientists has challenged the proposed acquisition of Solvinity, the company managing the DigiD infrastructure, by a U.S. firm in court. They are demanding transparency fro...
Chinese to build cars in historic Citroën factory
Stellantis is partnering with the Chinese manufacturer Dongfeng to produce vehicles at the historic Citroën factory in Rennes, France. This collaboration marks a significant shift for the facility, w...
Blow after blow for government Schiphol plans: time to abandon 30-year dual objective of economy and environment
Long lines at Schiphol security, airport deploys extra staff
Schiphol Airport is experiencing long security queues on Monday following a change in its security screening procedures. In response, the airport has deployed additional office staff to assist passeng...
Only a small European elite became extremely wealthy from VOC voyages
The Dutch East India Company (VOC) is being used as a symbol by modern anti-asylum seeker protesters despite its historical involvement in violence, slavery, and genocide. While the company's legacy i...
Schiphol warns of long security queues
Tax authorities may have uncovered organized multi-million fraud
The Dutch Tax Authority is investigating a potential organized fraud scheme involving groups of Bulgarian residents that resulted in 6.7 million euros being transferred to illicit bank accounts. These...
ProRail warns of reputational damage to the Netherlands after rail protests
ProRail warned that protests and vandalism on railway tracks in the Port of Rotterdam are damaging the Netherlands' reputation as a reliable logistical gateway to Europe. The rail infrastructure manag...
Shakira acquitted in Spanish tax case and gets 60 million euros back
A Spanish court has ordered the tax authorities to repay pop star Shakira over 60 million euros after ruling she was not a tax resident of Spain in 2011. The court determined that the singer had been ...
CARE: Price of aid goods rising due to trade route blockades
The aid organization CARE reports that the prices of food and emergency supplies are rising rapidly due to trade route disruptions in the Middle East. The partial closure of the Strait of Hormuz has f...
Cleaning websites adjust information after regulator criticism
Three cleaning service websites will clearly disclose their use of paid subscriptions following criticism from the Netherlands Authority for Consumers and Markets (ACM). The changes aim to prevent con...