Economy News in English
Latest economy headlines from Dutch news, translated into English.
Destroyed by gossip or a cruel meme? Univé to pay for your psychologist: ‘This is fantastic’
Dutch insurer Univé has introduced a new coverage option within its home insurance policies to provide financial and practical assistance to victims of cyberbullying and online stalking. This initiat...
Rosewood Hotel opposes Fabel Friet: ‘No one would have made such a fuss about any other business’
Cabinet wants subsidy for switch to electric cars
The Dutch cabinet plans to allocate 50 million euros for a subsidy to help low and middle-income earners purchase electric vehicles. To qualify for the financial assistance, individuals would be requi...
From carpenter to union chairman: Niels Mans (49) fights for trust at Tata Steel. ‘What we want is pride’
Niels Mans has transitioned from a career as a carpenter to becoming the new FNV union chairman at Tata Steel. Based in Velsen-Noord, he is focused on restoring trust and pride among workers at the in...
Metal and chemical companies find it harder to pass on energy costs
Companies in the chemical and metal sectors are struggling to pass on increased energy costs resulting from the conflict in the Middle East to their customers. This situation is leading to financial d...
Crowds at Schiphol as May holiday begins: ‘People are herd animals: if they see a queue, they join it’
Minister Karremans sets date for Lelystad Airport opening, now only needs a permit
Minister Vincent Karremans has set October 2027 as the target date for opening Lelystad Airport to holiday flights. The opening remains contingent on obtaining a nature permit, which is currently unfe...
Amsterdammers to be involved in new coalition negotiations
Amsterdam's forming coalition parties are involving residents in negotiations by selecting 75 randomly chosen citizens to participate in the formation process. Formateur Hendrik-Jan Biemond has also a...
Amsterdam residents to be involved in new coalition negotiations
The political parties PRO and D66 plan to involve Amsterdam residents in the formation of a new coalition agreement by inviting 75 randomly selected citizens to participate in discussions. Alongside t...
Going out with Amalia is wilder than with a minister
The Dutch cabinet is preparing measures to mitigate the economic impact of the conflict in Iran while facing internal political challenges in The Hague. The PVV is reportedly threatening to block its ...
Starmer: Dozen countries say they will contribute to Hormuz mission
France and the United Kingdom have announced that twelve countries have pledged support for a multinational mission to restore shipping in the Strait of Hormuz. The two nations will lead the operation...
Trump pleased with Iran's announcement on opening Strait of Hormuz
U.S. President Donald Trump has expressed enthusiasm following Iran's announcement regarding the opening of the Strait of Hormuz. Trump shared his positive reaction in a post on his social media platf...
Oil prices fall 10 percent after Iran statement on opening Strait of Hormuz
Oil prices have dropped by nearly 10 percent following Iran's announcement that the Strait of Hormuz has reopened for commercial shipping. The critical maritime passage had previously seen traffic sta...
Iran opens Strait of Hormuz to all commercial shipping
Iranian Foreign Minister Abbas Araghchi announced the opening of the Strait of Hormuz to all commercial shipping during the current ceasefire. The strategic waterway had previously been closed by Iran...
Station Square office giants to be demolished in early 2028; preparations for new square well underway
The office buildings and sports hall at Haarlem's Stationsplein are scheduled for demolition in early 2028 to facilitate a complete redesign of the station area. Preparations for the redevelopment are...
Young people aged 16 and over to receive higher minimum wage in 2027
Starting January 1, 2027, individuals aged 16 to 20 in the Netherlands will receive a higher minimum wage. Social Affairs Minister Hans Vijlbrief is implementing the increase, which follows a plan est...
Saving in uncertain times: why having two buffers is important
The Dutch Authority for the Financial Markets (AFM) has advised consumers to establish financial buffers to navigate current economic uncertainty and rising costs. While the regulator emphasizes the i...
EU seeks to restore formal ties with Syria and ease sanctions
The European Union is planning to restore formal political relations with Syria to facilitate closer economic and security cooperation. According to reports, the EU also intends to further ease sancti...
Tata Steel fined another 8.5 million euros for excessive emissions
Tata Steel has been ordered to pay an additional fine of over 8.5 million euros for exceeding harmful emission limits at one of its plants. The penalty was imposed by the North Sea Canal Area Environm...
IMF and World Bank reopen door to financial support for Venezuela
The International Monetary Fund and the World Bank are resuming cooperation with Venezuela, according to IMF chief Kristalina Georgieva. This development potentially restores the country's eligibility...
Huge value of Pokémon cards leads to robberies in the UK
The increasing market value of Pokémon cards has triggered a wave of robberies and ram-raids at stores throughout the United Kingdom. Some incidents have resulted in the theft of merchandise valued a...
TommyTomato relaunches in slimmed-down form; 30,000 students may get healthy lunches again after May break
The social enterprise TommyTomato is resuming its operations in a slimmed-down form after securing new financing. While the restart allows 30,000 primary school students to receive healthy lunches aga...
GL-PvdA and CU propose bill to reduce child poverty
Dutch Members of Parliament Esmah Lahlah and Don Ceder have proposed a new bill aimed at structurally reducing child poverty in the country. The legislative proposal is expected to enter the public co...
Airport parking prices at an all-time high: 'Consider the bus'
Airport parking prices have reached a record high, with the average weekly cost for an official space rising to 98 euros. Rates at major hubs like Schiphol, Dusseldorf, and Brussels are significantly ...
Velsen receives nearly two million euros in state funding for sustainability of swimming pool, town hall, and Polderhuis; projects to be completed next year
The municipality of Velsen has received nearly two million euros in state funding to enhance the sustainability of the De Heerenduinen swimming pool, the Polderhuis, and part of the town hall. These r...
Netflix reports sharply higher profit with Bridgerton as major draw
Netflix reported a significant increase in first-quarter profits, driven by the success of popular titles like Bridgerton and the second season of One Piece. The streaming service also benefited from ...
Professor: Time to worry about the business climate in Amsterdam
The number of foreign companies establishing themselves in the Amsterdam Metropolitan Area has continued to decline, with only 39 new arrivals in 2025. While city officials are prioritizing high-quali...
Cans and bottles can now also be returned at gas stations off the highway
Statiegeld Nederland and Shell have formed a partnership to allow consumers to return deposit cans and bottles at gas stations located off the highway. This initiative aims to make recycling more acce...
Camping is becoming increasingly popular: 'Glamping is in demand'
Camping is growing in popularity in the Netherlands, with campgrounds reporting a 9 percent increase in visitors over the past year. This rise in tourism is driven by both Dutch citizens and an increa...
Several hospitality businesses no longer have valid permits: enforcement and supervision catch-up in Velsen
The municipality of Velsen is conducting a comprehensive review of hospitality permits to improve oversight and enforcement within the sector. While the goal to inspect all commercial establishments b...