Economy News in English
Latest economy headlines from Dutch news, translated into English.
Amsterdam ban on meat and fossil fuel ads not immediately enforced
More and more employees off on Liberation Day, but costs are rising sharply
An increasing number of collective labor agreements in the Netherlands now designate Liberation Day as an annual paid holiday for employees. However, the employers' association AWVN warns that rising ...
ShinyHunters hacks data of 275 million teachers and students
A massive data breach at educational software provider Canvas has exposed the information of over 275 million students, teachers, and staff. The hack was confirmed by the software's U.S.-based parent ...
Minister Heinen: US-EU trade deal must be implemented
Dutch Finance Minister Eelco Heinen has emphasized the importance of implementing the trade agreement between the United States and the European Union. His remarks are a response to President Donald T...
Organizations call for more support to cope with rising energy prices
Several Dutch industry organizations are calling on the government for increased support to manage rising energy costs. The groups argue that further state intervention is necessary as energy prices h...
Iranian ministry calls UAE's OPEC exit a vengeful reaction
An Iranian Foreign Ministry spokesperson stated on Monday that the United Arab Emirates' decision to leave OPEC is a negative and vengeful response. The official criticized the move as non-constructiv...
Odido to pull the plug on Tele2 Home internet subscriptions at end of May
Odido will discontinue Tele2 Thuis internet services starting May 29, leaving current subscribers without access through their existing plans. Affected customers are required to switch to a new subscr...
The contrast between these ‘park villas’ in Elzenhagen-Zuid and the surrounding neighborhoods in North is stark
Council of State: More clarification needed on bill to increase deductible
The Dutch Council of State has advised the cabinet to provide more detailed explanations regarding its legislative proposal to increase the healthcare deductible. While the Council supports the genera...
Cut back on treatments for sick pets, says ACM: 'Not everything possible is desirable'
The Dutch Authority for Consumers and Markets (ACM) is calling for measures to curb the rising costs of veterinary care for pets. The regulator suggests that while advanced medical treatments are tech...
Money must be spent! This Haarlem entrepreneur joins new TV show The Moneymakers
A Haarlem entrepreneur is participating in the new television program 'The Moneymakers,' where contestants receive 1,000 euros to generate maximum profit within a single week. The show highlights loca...
GameStop wants to acquire much larger eBay for $56 billion
GameStop is attempting to acquire the auction site eBay for 56 billion dollars, a move considered ambitious as eBay is four times larger than the gaming retailer. The company intends to transform eBay...
Get discounts or a free gift in Haarlem during Week of the Physical Store
During the 'Week van de Stenen Winkel' in Haarlem, local brick-and-mortar retailers are offering discounts, prizes, and gifts to encourage customers to shop in-person. The initiative aims to promote p...
Shock for motorists: Cabinet documents reveal sharply higher fuel prices due to ‘diesel dime’
Internal cabinet documents reveal that diesel prices in the Netherlands are set to increase by over 10 cents per liter starting in January without government intervention. Gasoline prices could follow...
Operation Vault: 45,000 valuables moved through city under heavy guard
On Sunday, April 19, the Stadsbank van Lening moved 45,000 valuables between three locations under heavy security during a large-scale operation. The transport, named 'Operatie Kluis,' transformed the...
Bitcoin hits $80,000 for the first time in months
Bitcoin's value exceeded $80,000 on Monday, marking its highest level in three months. This recovery follows a period in February when the cryptocurrency hit its lowest point in several years.
Fewer mortgage applications in April, first-time buyers more hesitant to buy
Mortgage applications in the Netherlands fell by 11 percent in April compared to the previous year, driven by rising interest rates making buyers, particularly starters, more hesitant. Despite the ove...
Explainer | Flight cancelled? These price increases are likely the reason
Rijkswaterstaat scraps all sustainability investments from Zuidasdok megaproject
This Aldi in the center of Amsterdam is closing: ‘That really sucks, because it’s still affordable here’
CENTCOM supports Project Freedom in the Strait of Hormuz
U.S. Central Command (CENTCOM) forces will begin supporting Project Freedom this Monday to ensure the safety of commercial shipping in the Strait of Hormuz. The initiative aims to restore freedom of n...
UK to join 90 billion European loan for Ukraine
The United Kingdom government announced on Sunday that it intends to start negotiations to join the European Union's 90 billion euro loan program for Ukraine. This move reflects a coordinated effort t...
Trump: US to assist ships in Strait of Hormuz starting Monday
U.S. President Donald Trump announced on Truth Social that the United States will begin an operation on Monday morning to escort ships stuck in the Strait of Hormuz. The mission aims to assist vessels...
Banning new Zuidas parking garages 'could have greater financial consequences than anticipated'
The City of Amsterdam is delaying a decision on banning new parking garages in the Zuidas business district to conduct further research into the plan's financial and legal implications. Stakeholders a...
Never overdrawn? Rabobank suddenly wants to know everything about you: ‘Scandalous’
Rabobank has introduced a new policy requiring customers to disclose personal details, such as the number of children and cars they own, to maintain their overdraft facilities. Failure to provide this...
44,000 Dutch Teslas get self-driving feature. Are drivers ready?
Approximately 44,000 Teslas in the Netherlands are receiving a self-driving software update that allows vehicles to navigate autonomously for owners who opt for the feature. Although the technology is...
OPEC+ increases oil production in June, first decision after UAE departure
Opec+ member nations announced on Sunday that they will increase oil production starting in June. This decision marks the first major move by the group following the United Arab Emirates' recent annou...
Koos wanted to belong again, so he looked for a new job at 80
At age 80, a man named Koos decided to return to the workforce after finding that retirement did not meet his expectations. He sought assistance from a career coach specializing in workers over 50 bec...
The Greenhouse | Time to give this American bear a Dutch passport
Climate reporter Jeroen Kraan discusses the increasing risk of wildfires in the Netherlands following recent events. He advocates for the development of a "fire culture" to improve national preparedne...
French brewer must stop 'John Lemon' beer after Yoko Ono complaint
A French brewer from Brittany has been forced to stop selling his craft beer named "John Lemon" after a complaint from Yoko Ono. John Lennon's widow objected to the pun, leading to the product being p...