Economy News in English
Latest economy headlines from Dutch news, translated into English.
Trump threatens Canada with tariffs over 'filthy air' from wildfires
U.S. President Donald Trump has threatened to impose tariffs on Canada, blaming the country for the smoke from wildfires drifting across the border. He described the situation as negligence and sugges...
Power grid vulnerable to cyberattack: 'Not a matter of if, but when'
Experts warn that the Dutch power grid is vulnerable to cyberattacks, which could lead to large-scale outages. Both major energy producers and consumer devices are considered potential targets, with o...
Shuffling of money, delays and a 1.1 billion euro deficit: it is now make-or-break for the Zuidasdok megaproject
Remy Harrewijn founded the Netherlands' first 'urban winery' with Chateau Amsterdam, but had to sell it to avoid bankruptcy
Brabant to revoke livestock farmers' nature permits, sparking opposition anger
The provincial government of North Brabant intends to revoke the environmental permits of five poultry farmers located near vulnerable nature areas to reduce nitrogen emissions. This decision has been...
300 of 950 jobs cut at Healthcare and Youth Care Inspectorate: 'Tough choices'
The Health and Youth Care Inspectorate (IGJ) in the Netherlands is cutting 300 out of its 950 jobs due to budget reductions. Inspector-General Monique Vogelzang stated that the organization will need ...
Why the fashion calendar is stalling due to longer heatwaves in the Netherlands
Clothing retailers in the Netherlands are struggling to keep up with consumer demand for summer apparel due to longer heatwaves. The misalignment between seasonal stock and current weather patterns is...
The Hague transport operator cancels all buses due to serious technical defect
The public transport company HTM in The Hague has canceled all bus services starting Friday evening due to a serious technical defect discovered in several vehicles. All buses are being taken out of s...
US lettuce company recalls products after major diarrhea outbreak
An American lettuce producer has initiated a product recall following a major diarrhea outbreak in the United States. The exact scale of the recall is currently unknown.
Defense personnel receive significant 6.5 percent pay raise
Military and civilian personnel at the Dutch Ministry of Defence will receive a 6.5 percent salary increase starting September 1, with an additional 2 percent raise planned for 2028. This measure is i...
In this Amsterdam-East neighborhood, neighbors share self-generated power to relieve the grid: ‘I get a push notification that I can charge my car a bit cheaper’
Holidaymakers pay more at the pump after new price hike
Fuel prices for gasoline and diesel have increased again just before the final major summer holiday travel wave. Travelers using caravans or campers will face higher costs, especially when refueling a...
Mortgage rates rise sharply due to developments in Iran and Ukraine
Mortgage interest rates in the Netherlands have increased significantly this week due to ongoing geopolitical tensions in Iran and Ukraine. Nearly all lenders have raised their rates, with several ins...
Failure of soy agreement threatens Amazon area the size of a third of the Netherlands
The collapse of a soy agreement earlier this year could lead to 1.4 million hectares of additional deforestation in the Amazon. The World Wide Fund for Nature warns that this loss, equivalent to one-t...
EU allows industry more emissions but maintains climate goals
Starting in 2031, the European Union will allow the industry more leeway for carbon emissions and lower costs in exchange for commitments to green production. Brussels aims to balance industrial compe...
Viaplay back in the black, but international ambitions are over
Streaming service Viaplay has reported its first profit in over two years as it recovers from a major financial crisis. As part of its strategy to curb international expansion, the company has also so...
Aerospace and defense have a mountain of orders but too few parts
The aviation and defense sectors are experiencing a significant increase in demand for new equipment. However, manufacturers are struggling to meet this record-high order volume due to ongoing shortag...
'Transit country' Belgium wants to charge for its roads, what will the Netherlands do?
The Belgian government has announced a mandatory vignette for road use starting next year. The article questions whether the Netherlands should follow this example, noting that Belgium acts as a trans...
ASML gives 44,500 employees a share package worth 20,000 euros
ASML has announced a retention plan offering employees a stock package worth 20,000 euros, provided they remain with the company until January 1, 2030. This initiative aims to maintain staff retention...
Dutch Consumers' Association threatens action over 'fake discounts' at Amazon and bol
The Dutch Consumers' Association (Consumentenbond) has accused Amazon and bol of using misleading 'fake discounts' on their platforms. The organization is threatening legal action against both retaile...
Netflix viewers increasingly choosing non-English series, including those from the Netherlands
Dutch films and series are increasingly reaching a global audience on Netflix, with titles like Amsterdam Empire and iHostage ranking as the most popular Dutch content this year. This trend coincides ...
Enschede school stays open longer as parents choose their own vacation days
Public primary school La Res in Enschede has extended its school year for dozens of students who took leave outside of scheduled vacation periods. Parents opted for this flexible scheduling to save on...
No zero-emission zone for passenger cars after all; here is what the city can do: "Give privileges to electric drivers"
The municipality of Amsterdam has abandoned plans to introduce an emission-free zone for passenger cars by 2030 due to a lack of national legislation. Economist Walther Ploos van Amstel suggests that ...
European companies at risk due to password software with Russian ties
European companies with critical infrastructure have been using password management software called Passwork, which is actually based in Russia. Cybersecurity experts warn that this poses a significan...
Water shortage forces builders into action: new homes to feature 4,500-liter rainwater storage under floors
Due to ongoing water shortages in the Netherlands, some builders and homebuyers are implementing new systems to use 4500 liters of stored rainwater under floors for daily tasks like flushing toilets. ...
FNV announces new actions, including 24-hour rail strike
The trade union FNV has announced a series of protest actions throughout the first two weeks of September, affecting the government, ports, and hospitals. Additionally, the union plans to organize a 2...
Italian police raid luxury brands Bulgari and Chanel
Italian police have conducted raids on the offices of luxury brands, including Bulgari and Chanel. The investigation centers on allegations that these companies utilized subcontractors who employed Ch...
Has Ajax suddenly changed its financial course and started splashing cash again? Not necessarily, experts say
Despite recent high-profile signings by Ajax, experts argue that the club is not necessarily abandoning its financial recovery strategy. The investments in new players are being viewed as calculated d...
Extra income support in Amsterdam significantly lower than in other municipalities
No deal on new public transport collective agreement, unions consider strike
Negotiations for a new collective labor agreement for thirteen thousand public transport employees have stalled after four months of discussions. Unions FNV and CNV are now planning to organize strike...