Economy News in English

'Fifty guilders from nursing home for Hollandse Nieuwe': Playful stunt by Waasdorp fishmonger at start of herring season

Fish shop Nico Waasdorp in IJmuiden celebrated the start of the herring season by selling 'Hollandse Nieuwe' for one Dutch guilder each, approximately 45 euro cents. The promotion is a playful respons...

Nitrogen plans leaked: fewer cows and stricter measures near nature reserves

The Dutch government plans to implement stricter nitrogen regulations requiring livestock farms within one kilometer of major nature reserves to significantly downsize. This measure aims to address na...

Six people aged 15 to 30 arrested in bank helpdesk fraud investigation

Borrowing instead of buying at Dille & Kamille: ‘We are implementing a different way of consuming’

The retail chain Dille & Kamille is launching a new initiative that allows customers to borrow household items, such as pasta machines, instead of purchasing them. This service is intended to promote ...

More Haarlem residents unable to work for second year in a row, highest number since 2017

The number of Haarlem residents receiving disability benefits has risen for the second year in a row, reaching its highest point since 2017. This increase was identified in recent data released by Sta...

SpaceX overtakes Amazon to become world's fifth most valuable company

SpaceX's market valuation has briefly surpassed both Amazon and Microsoft, making Elon Musk's aerospace company one of the five most valuable firms in the world. The company is currently engaged in a ...

Stricter EU rules for meat substitute labels: 'steak' only for real meat

The European Parliament has approved new regulations to ensure that terms like steak, chicken breast, and bacon are used exclusively for animal-based products. These rules aim to create clearer labeli...

Tax Authority unnecessarily burdens people with excessive assessments

The Dutch Tax and Customs Administration is overcharging individuals who fail to file tax returns by overestimating their income in automatic assessments. This practice results in unfairly high tax bi...

Gas storage now almost half of required winter level

Energy Minister Stientje van Veldhoven announced that Dutch gas reserves have reached approximately half the capacity needed for a typical winter. She confirmed that the process of filling the reservo...

European Parliament approves lower tariffs on US products

A majority of the European Parliament has voted to lower import tariffs on various American products. This decision is intended to prevent U.S. President Donald Trump from imposing new trade tariffs o...

Source: G7 agrees on new energy sanctions against Russia

The G7 nations have reached an agreement to impose new energy sanctions on Russia in an effort to increase international pressure. The consensus was established during a meeting of world leaders held ...

Battle for extra days off at Albert Heijn: part-timers want ‘forbidden’ labor agreement rule

Five part-time employees at an Albert Heijn distribution center challenged a collective labor agreement rule that awards extra vacation days only to those working more than 32 hours per week. Although...

Ideal age for first smartphone? 12, say parents – up from 10

Most Dutch parents now consider 12 to be the ideal age for a child to receive their first smartphone, an increase from the previous preference of 10 years. This shift is driven by concerns regarding e...

New app helps parents guide children with their first phone

The new Dutch app Startphone has been launched to help parents guide their children as they begin using their first smartphones. The app gradually unlocks features based on the child's age and parenta...

EU bans extra hand luggage fees

The European Union has reached an agreement to eliminate extra fees for small carry-on luggage on flights within member states. This deal between EU countries and the European Parliament aims to stand...

Court rules Temper workers are agency workers, not self-employed

The Amsterdam Court of Appeal ruled on Tuesday that individuals working through the platform Temper are temporary employees rather than independent contractors. This decision could have significant le...

1.5 million for renovation of northern half of Henri Dunant Square

The municipality of Hillegom has allocated 1.5 million euros for the renovation of the northern section of Henri Dunantplein. The project will include installing new paving and adding more greenery to...

Greylag geese cause €46 million in crop damage; wolves also contributing to rising wildlife claims

Financial damage caused by wildlife in the Netherlands has risen significantly, with payouts for wolf attacks on livestock quadrupling over the past two years. According to data from BIJ12, geese cont...

Oil price at three-month low but not yet back to previous levels

Oil prices reached a three-month low on Tuesday amid hopes for a peace agreement between Iran and the United States. Experts note that more specific details of the agreement are necessary to determine...

Energy companies making misleading climate claims, says Dutch consumers' association

The Dutch Consumers' Association has accused several energy companies, including ANWB, Greenchoice, and Vattenfall, of making misleading climate claims by portraying gas as a clean or sustainable ener...

Wealth of world's 500 richest grows by 290 billion euros in one day

The world's 500 wealthiest individuals saw their collective fortune increase by $336 billion (€290 billion) in a single day following gains in the stock market. According to the Bloomberg Billionair...

EU: Ticket prices must be more transparent, compensation for 3-hour delay remains

The European Parliament and EU member states have reached an agreement to update air passenger rights, ensuring that travelers retain their right to compensation for flight delays of three hours or mo...

Sanne and Tom paid over 12,000 euros for childcare but did not apply for allowance

Dutch parents Sanne and Tom spent over 12,000 euros on childcare for their daughter without applying for government subsidies. Despite their high income, they chose to pay the full amount themselves t...

Germany rejects EU long-term budget 2028-2034

German Minister Günther Krichbaum announced that Germany rejects the proposed EU multi-annual budget for 2028-2034, labeling the funding levels "completely excessive." The decision was made during a ...

Ukraine attacks Moscow oil refinery

Ukrainian forces have targeted and struck an oil refinery in Moscow using long-range missiles, as reported by President Volodymyr Zelensky. Moscow Mayor Sergey Sobyanin confirmed that the facility was...

Shopping streets increasingly empty as customer focus shifts online

Online sales have grown significantly faster than physical retail revenue over the past three years, leading to a decline in traditional shopping street activity. According to an ING analysis, the inf...

Holidaymakers misled by online travel lures: bargain prices increase by hundreds of euros

An investigation by De Telegraaf reveals that major travel providers are misleading consumers with online advertisements featuring prices that are not actually available for booking. Companies such as...

More housing possible in Schoonenberg area, including Telstar stadium parking lot as an option

The municipality of Velsen is exploring the development of additional housing in the Schoonenberg area, with three potential sites identified around the Telstar stadium. This project would expand upon...

Dutch imports from Gulf region down by more than half

Dutch imports from the Gulf region decreased by more than 50% in April compared to the previous month due to the closure of the Strait of Hormuz. During this period, imports from Iraq were completely ...

Bank fraud is a major problem: 'Agree on a password with each other'

Bank fraud remains a significant problem as scammers increasingly target vulnerable groups such as seniors and individuals with limited digital or Dutch language skills. Experts suggest families estab...