Economy News in English
Latest economy headlines from Dutch news, translated into English.
Gasunie concerned about gas reserves for coming winter
Gasunie has expressed concerns that gas reserves in the Netherlands may not be replenished in time for the upcoming winter. The national gas infrastructure company warns that storage levels could fall...
People and companies prosecuted for Hong Kong residential complex fire
Authorities in Hong Kong are prosecuting seven individuals and two companies following a fatal fire at the Wang Fuk Court residential complex last year. The charges, linked to renovation work at the s...
Electric trucks are ready, but charging stations and power are lacking: waiting times up to 12 years
Despite incentives to switch to electric trucks, transport companies face significant delays due to a lack of power grid capacity and charging infrastructure. Waiting times for grid connections have r...
Companies using AI pay insufficient attention to impact on staff
Companies implementing artificial intelligence are failing to adequately consider the impact on their employees. The adoption of AI often leads to changes in task complexity and mental workload, requi...
It proved child’s play to make a Russian oligarch pay a billion euros too much for his paintings
40 percent of GP practices in disadvantaged neighborhoods need support
Approximately 40% of general practitioner practices in disadvantaged Amsterdam neighborhoods are still waiting for specialized support assistants to help patients whose physical symptoms are caused by...
Greenhouse gas emissions down in first quarter of 2026
Greenhouse gas emissions in the Netherlands decreased by more than 5 percent in the first quarter of 2026 compared to the same period in 2025. These preliminary figures were reported by the Centraal B...
Dutch emissions fall due to 'fuel tourism' and lower coal use
Greenhouse gas emissions in the Netherlands decreased by 5 percent in the first quarter of this year compared to the same period last year. The decline was primarily driven by energy companies reducin...
VVD youth propose bold plan: abolish state pension and overhaul mortgage interest deduction
The JOVD, the youth wing of the Dutch VVD party, has proposed a new political program that includes the gradual abolition of the state pension (AOW). The group also calls for ending the mortgage inter...
Tobacco industry dives into legal cannabis. What can we expect? ‘They will focus on health benefits’
The parent company of Marlboro has joined the Dutch legal cannabis experiment by purchasing a large greenhouse in Hellevoetsluis. Experts anticipate that the tobacco industry will utilize its lobbying...
Can Amsterdam improve with 2,500 fewer civil servants? PRO Amsterdam and D66 coalition defends agreement in council
Investors find student studios are a goldmine
Croatia once again has Europe's most expensive campsites: families pay an average of 78 euros per night
European camping prices have increased by nearly 25% over the last six years, with Croatia remaining the most expensive destination at an average of 78 euros per night for a family. While Slovakia exp...
Anxious savers miss out on billions: how to easily switch to a bank with much higher interest rates
Dutch savers are missing out on billions of euros in interest by keeping their money in large banks instead of switching to smaller institutions with significantly higher rates. Despite the potential ...
Apple's bold move forward with AI, but is it enough? ‘Still no AI model of its own’
Apple has introduced several new AI features for its operating system, including an updated Siri and improved photo searching, in an effort to compete in the artificial intelligence market. However, i...
Why consumers always foot the bill for supermarket price increases
Rising grocery prices in the Netherlands, driven by high energy costs and government levies, have prompted consumers to call for cabinet intervention. The situation has sparked a debate over whether s...
American billionaire's $70 million superyacht anchored in the IJ
American billionaire Robert Sands has docked his 70-meter superyacht, valued at 70 million dollars, at the Bimhuis quay in Amsterdam. The luxury vessel, which features a gym and beauty salon, has draw...
NASA announces astronauts for third moon mission
NASA has announced the four astronauts participating in the third mission of the Artemis program. This upcoming mission will involve orbiting Earth, making it less complex than the previous flight tha...
Bloemendaal may introduce a commuter tax following developments at Vogelenzang campsite
The municipality of Bloemendaal is investigating the potential introduction of a commuter tax after a proposal from the Zelfstandig Bloemendaal party received support. This initiative is partly motiva...
Judge overturns fines for tobacco manufacturer Philip Morris
The Trade and Industry Appeals Tribunal (CBb) has overturned fines totaling 160,000 euros imposed on tobacco manufacturer Philip Morris. The court ruled that the producer of Marlboro cigarettes did no...
Turkey launches plan to boost global energy from electricity
Turkey has launched a global plan at its climate summit to transition from fossil fuels to electricity. The summit's chairman aims to encourage more nations to commit to generating 35 percent of their...
From Benghazi to Amsterdam: Gaddafi’s stolen euros surface at Dutch Central Bank
Millions of euros stolen from the Libyan Central Bank during the era of dictator Muammar Gaddafi have appeared at De Nederlandsche Bank (DNB) in Amsterdam. These funds entered the European black marke...
Nintendo to release remake of The Legend of Zelda: Ocarina of Time this year
Nintendo is developing a remake of the classic game The Legend of Zelda: Ocarina of Time for the upcoming Nintendo Switch 2 console. Originally released for the Nintendo 64, the updated version is exp...
Apple at odds with EU over 'stricter legislation' for Siri AI
Apple has announced a delay in the release of its new Siri AI features in Europe, blaming the region's strict regulatory framework. The European Union has countered this claim, stating that the compan...
Sports car brand Spyker makes comeback years after bankruptcy
The bankrupt Dutch sports car manufacturer Spyker is making a comeback following an investment from Ukrainian entrepreneur Volodymyr Nosov. Nosov has acquired a significant stake in the brand, becomin...
First pile for 'De Strandwal' in Uitgeest drilled by Lynn van der Meij and Sem Aardenburg: 'Very impressive'
Lynn van der Meij and Sem Aardenburg, the youngest future residents of the 'De Strandwal' housing project in Uitgeest, participated in drilling the first pile for the development last week. The two yo...
500 Nijmegen residents also get free train travel for six months
Starting September 1st, 500 residents of Nijmegen will be eligible for six months of free train travel as part of a pilot program by the NS. The initiative is designed to combat mobility inequality an...
Groceries getting more expensive, cabinet promises to 'look into it'
The Dutch cabinet is reviewing whether citizens can still afford groceries following warnings from supermarkets about impending significant price increases. Finance Minister Eelco Heinen stated that t...
To keep the Earth habitable, we must work much less, says French star economist Piketty
French economist Thomas Piketty and his co-authors argue that global inequality and climate change can be resolved by 2100 through a significant overhaul of the world economy. Their proposed model sug...
Dutch lawsuit against Snapchat over addictive app design
The Stichting Onderzoek Marktinformatie (SOMI) has launched a collective lawsuit against Snapchat in the Netherlands. The foundation alleges that the platform utilizes an addictive design and unlawful...