Economy News in English

NOC*NSF aims to be ‘best prepared country’ for Los Angeles 2028 and has concerns over US visa policy

NOC*NSF aims for the Netherlands to be the best-prepared nation for the 2028 Summer Olympics in Los Angeles. Despite these ambitions, the Dutch sports federation expressed concerns regarding high part...

This is what the new town near Amsterdam will be called

A new residential development in the municipality of Ouder-Amstel, located near Amsterdam, has been officially named Amstelvoorde following a community-wide vote. The project is set to include approxi...

G7 summit concludes in Évian-les-Bains

The three-day G7 summit has concluded in Évian-les-Bains, with host President Emmanuel Macron highlighting a sense of unity among leaders during a difficult period.

Nature near Eindhoven and Rotterdam airports not yet protected by permits

Agriculture Minister Jaimi van Essen announced plans to enforce nitrogen limits at Rotterdam and Eindhoven airports following court rulings that nature permits are required. Despite these rulings, the...

Paris adventure ends for controversial budget retailer SHEIN

The Parisian department store Bazar de l'Hôtel de Ville (BHV) is terminating its partnership with the Chinese e-commerce giant SHEIN after just seven months. The store's new owner characterized the c...

Van Essen: nature restoration more important than nitrogen in the Peel

Dutch Agriculture Minister Jaimi van Essen emphasized that restoring nature through better water management in the Peel region is more critical than addressing nitrogen levels. A new regional agreemen...

Installation company stops taking customers in central Amsterdam and De Pijp: ‘Can no longer guarantee technician will be on time’

Hospi Housing: Help a student find a room

The city of Haarlem is partnering with the platform Hospi Housing to encourage residents to rent out spare rooms to students and young professionals. This initiative aims to address the housing shorta...

Man jailed for using deepfakes to open ABN AMRO accounts

The Amsterdam District Court sentenced a man to 30 months in prison, with six months suspended, for committing deepfake fraud. The individual used deepfake technology to forge identity documents and s...

Reporter Madelief van Dongen: ‘No child should have to live on the streets, yet it happens in Amsterdam’

FNV leader Spekman lashes out at government: 'A downy blanket of words'

FNV chairman Hans Spekman has criticized the Dutch cabinet's proposed cuts to social security, calling for them to be withdrawn. In response, the labor union plans to hold protests and strikes next we...

V&D hotel plan backed by Haarlem city council despite ban; exception being explored

The Haarlem city government is considering an exception to its hotel ban to allow the conversion of the former V&D building into a hotel. Owners of the historic property at Verwulft requested the chan...

New law to tackle high vet prices and overtreatment

State Secretary Silvio Erkens is drafting a new law to prevent veterinarians from overcharging pet owners through unnecessary treatments and expensive medications. The proposal aims to address rising ...

Cabinet takes action against soaring vet costs

The Dutch cabinet is introducing new legislation to address rising veterinary costs by requiring clinics to be more transparent about their fees. These measures also include a ban on price incentives ...

Louvre director says museum is 'out of breath'

Louvre Director Christophe Leribault stated that the museum is "out of breath" and requires significant investment following a major jewelry robbery last year. The world-famous museum in Paris is curr...

15 million extra for electric tractor and machinery subsidies

Dutch Agriculture Minister Jaimi van Essen has allocated an additional 15 million euros to fund subsidies for electric tractors and agricultural machinery. This increased budget aims to allow more far...

Laren overtakes Bloemendaal: average house value hits one million

Laren has overtaken Bloemendaal as the municipality with the highest average property values in the Netherlands, according to new data from the Central Bureau of Statistics. The average WOZ-value in L...

G7 leaders agree to increase pressure on Russian economy

G7 leaders have issued a joint statement reaffirming their support for Ukraine and its territorial integrity. They agreed to further increase economic pressure on Russia's war economy to address the o...

Nearly a quarter million young people want to work more hours

Nearly a quarter of a million young employees in the Netherlands want to work more hours than their current contracts allow. While over two-thirds of workers under the age of 30 prefer full-time emplo...

Retailers see higher turnover, especially from online sales

Retailers in the Netherlands saw a 2.2 percent increase in turnover during the first quarter compared to the previous year. According to data from Statistics Netherlands (CBS), this growth was primari...

Young farmers warn minister: ‘People are fed up with the flip-flopping in The Hague’

Merel Straathof, representing young farmers, warned the Dutch government that leaked nitrogen plans lack a clear future perspective for the sector. She specifically criticized proposed buffer zones ex...

Home values continue to rise: average assessed value more than 10 percent higher than last year

Dutch home values continue to rise, with the average WOZ-waarde reaching 439,000 euros this year. This represents a 10.3 percent increase compared to last year's average of 398,000 euros, according to...

Utrecht overtakes North Holland as province with highest property values

According to new figures from Statistics Netherlands (CBS), Utrecht has overtaken North Holland as the province with the highest average property (WOZ) value. This marks the first time that average ho...

Battle over Spaarnwoude funding reignites: Haarlem and Haarlemmermeer take on Amsterdam and Velsen

The municipality of Haarlem is raising concerns over a funding shortage for the Spaarnwoude recreation area, specifically for the years 2028 and 2029. While Haarlem and Haarlemmermeer are pushing for ...

Webshop withdrawal buttons still missing, which could benefit consumers

Starting June 19, webshops and apps are legally required to feature a clearly visible button allowing consumers to cancel purchases within 14 days. Many retailers have yet to comply with this regulati...

Rental market for the ‘happy few’: square meter prices double and supply plummets

The private rental market in the Netherlands has seen square meter prices double over the past fifteen years while the supply of available homes has drastically decreased. According to a report by ren...

Big business lawyer and idealistic social democrat: this is the new Finance alderman Hendrik Jan Biemond

Company behind DigiD appeals takeover ban

Solvinity, the company responsible for the DigiD authentication system, is appealing a government decision to block its acquisition by the American firm Kyndryl. State Secretary Willemijn Aerdts prohi...

Study: Socioeconomically disadvantaged receive harsher sentences

A study by the Research and Data Center (WODC) has found that socio-economically disadvantaged suspects in the Netherlands receive harsher sentences on average than those who are more affluent. This r...

Trump prevents Europe from protecting itself against hackers with powerful AI model: ‘Bloodbath looms’

Former U.S. President Donald Trump has restricted the export of the powerful AI software Mythos, preventing Europe from using it to defend against major cyberattacks. The European Union has criticized...