Economy News in English
Latest economy headlines from Dutch news, translated into English.
Pet shop gets major chain next door: "I'm shocked"
Kirsten de Kloet, owner of the 65-year-old pet store 't Dierenhoekje in Amsterdam, is shocked that the large chain Pets Place is opening a new branch right next door. While regular customers express t...
Austrian police arrest man after poisoning baby food with rat poison
Austrian police arrested a 39-year-old man for allegedly poisoning jars of HiPP baby food with rat poison. The suspect reportedly tampered with the products in an attempt to blackmail the German manuf...
Law changed again before all tenants could benefit from rent reduction
The Dutch government is revising rent reduction laws before all eligible tenants could benefit, leading to concerns that housing costs will increase. Political reporter Hans van Soest notes that the c...
Market traders take control of part of Ten Katemarkt: "Increasingly a food market"
Market traders in Amsterdam have been granted management over a portion of the Ten Katemarkt in a three-year trial aimed at revitalizing the area. The initiative seeks to combat increasing vacancies a...
Haarlem court employee fired for embezzling 150,000 euros
A financial employee at the Haarlem court was dismissed after embezzling approximately 150,000 euros between 2018 and 2025. While a criminal investigation was initiated, it was halted following the em...
Ajax celebrates: Ipswich Town promoted to Premier League, triggering €9.3m buy option for Chuba Akpom
Ipswich Town's promotion to the Premier League has triggered a mandatory buy option for Ajax player Chuba Akpom worth 9.3 million euros. This financial windfall benefits the Amsterdam-based club as th...
German petrol prices drop below 2 euros locally due to excise tax cut
Gasoline prices at many German gas stations dropped below 2 euros on Friday following a temporary excise duty reduction. The tax cut of approximately 17 cents per liter was implemented to alleviate th...
ING outage disrupts card payments
ING bank is experiencing a technical malfunction that is causing difficulties for customers performing pin transactions. A spokesperson for the bank confirmed the issue, noting that payment services a...
Spirit Airlines shuts down after lack of US state aid
Spirit Airlines is immediately ceasing all operations after failing to secure emergency financial aid from the United States government. The budget carrier's collapse follows severe financial struggle...
Labor Day shines at Café de Zon: ‘The fight for better labor rights is far from over’
On Friday, Café de Zon hosted Labor Day celebrations featuring protest songs and discussions on trade unions and migrant workers' rights. The event emphasized that the struggle for improved labor rig...
Screen Time | Greece wants to end online anonymity and I think of Gordon
Tech reporter Rutger Otto discusses Greece's potential move to end online anonymity on social media platforms. This proposal mirrors a similar demand made five years ago by Dutch media personality Gor...
Dutch cautious about booking summer holidays but won't skimp on sun
Dutch travelers are currently cautious about booking summer holidays due to uncertainties surrounding air travel. Despite this hesitation, the travel industry association ANVR reports that people stil...
Middle East war changes travel habits: these destinations are in demand
Dutch travelers are becoming more cautious when booking summer vacations due to geopolitical unrest and concerns about air travel. The travel association ANVR reports that while people still want to g...
Elon Musk feels cheated by OpenAI and wants to redirect the company
Elon Musk has initiated a lawsuit against Sam Altman and OpenAI, questioning the company's shift from a non-profit to a commercial entity. The initial days of the trial featured arguments from Musk an...
Cheap dining in Amsterdam – how is it possible in these expensive times? ‘I sell every table 3 or 4 times a night’
Axios: US blockade has cost Iran nearly $5 billion
A U.S. naval blockade has caused Iran to lose nearly five billion dollars in oil revenue, according to data from the U.S. Department of Defense. The report, published by news site Axios, highlights th...
Trump increases pressure on Cuba with new sanctions
U.S. President Donald Trump has imposed new sanctions on Cuba to increase pressure on the island's communist government. This decision follows previous actions taken by the U.S. administration against...
Electricity so cheap Aljo gets paid: ‘A friend came to charge his car here’
Aljo Hartgers from Oosterbeek utilized negative dynamic energy prices by consuming electricity to earn money, such as charging a friend's car and running his heat pump. This illustrates how consumers ...
Trump announces higher tariffs on EU cars and commercial vehicles
U.S. President Donald Trump announced plans to increase import tariffs on cars and commercial vehicles from the European Union from 15% to 25% next week. Trump claimed the EU violated their trade agre...
House prices slightly cheaper: is the overheated housing market finally cooling down?
The Dutch housing market is showing signs of cooling down, with fewer bids above asking price and a decrease in home viewings. The article examines what these trends, including more frequent price red...
Protest march in Amsterdam on Labour Day
Thousands of people participated in a Labor Day protest march organized by the FNV trade union in Amsterdam on May 1st. The demonstrators marched from Museumplein to Martin Luther Kingpark to protest ...
VodafoneZiggo gains more mobile subscribers, fewer internet customers leave
VodafoneZiggo reported a growth in mobile subscriptions and a decrease in departing internet customers during the first quarter. This marks the fourth consecutive quarter of improvement as the telecom...
Court dismisses money laundering case against Marcel Kaatee over Red Light District properties
Thousands of protesters march in Amsterdam on Labor Day
Chinese city aims to protect food culture with dim sum regulation
Starting May 1, restaurants in the Chinese city of Guangzhou will be required to disclose whether their dishes are prepared using traditional methods. This measure aims to preserve the local culinary ...
Amsterdam households also face waiting list for heavier power connections soon
Dutch can profit more from their savings by investing
The Netherlands Authority for the Financial Markets (AFM) reports that one in ten Dutch households has sufficient financial resources to invest but chooses not to. This trend could lead to long-term f...
Fertilizer chief warns global food production under pressure from Iran war
Svein Tore Holsether, the CEO of fertilizer producer Yara, warns that conflict in Iran could severely disrupt global food production, potentially costing up to ten billion meals per week. He emphasize...
Growing season off to a slow start due to persistent drought
The growing season in the Netherlands is starting at a disadvantage due to persistent drought conditions affecting farmers and gardeners. LTO Nederland reports that soil and groundwater levels have no...
Dynamic electricity contract? Turn everything on this afternoon and the money will roll in
Electricity prices for consumers with dynamic energy contracts in the Netherlands will drop to a record low of -47 cents starting at 12:00 PM today. This negative pricing allows households to earn mon...