Economics

Economics

Nobody has to repay more money as a result of WIA errors at UWV

People who received an excessively high disability benefit due to errors at the UWV (Employee Insurance Agency) will not have to repay the difference. “I don’t want to create extra worries,” says outgoing Minister Eddy van Hijum (Social Affairs and Employment). Almost a year ago, it became clear that the UWV was making widespread errors […]

Economics

More refugees at work through tight labor market and flexible rules

More and more people who have fled to the Netherlands are quickly finding jobs. Researchers at ABN AMRO expect the number of working refugees to increase by approximately 17,500 in 2025, a growth of 20 percent compared to last year. ABN AMRO estimates that the number of working refugees will grow from 88,000 last year

Economics

Trump announces heavy import levels during negotiations with Canada

The American President Donald Trump has announced an import tariff of 35 percent on Canadian goods. He did so at a remarkable moment: the United States and Canada were about to conclude a new trade agreement. Trump announced the tariff via his own platform Truth Social. The import tariff would take effect on August 1.

Economics

Considerably more car thefts in the first half 2025, damage is 64 million euros

The number of car thefts has increased significantly in the first half of this year. Criminals are using increasingly smarter and more sophisticated methods, according to the Vehicle Crime Insurance Bureau Foundation (VbV). In the first six months of 2025, 3,645 passenger cars were stolen in the Netherlands. That is more than 20 percent more

Economics

Eurostar adds fifth daily train between London and Amsterdam

Eurostar will run five times a day between London and Amsterdam starting in December. Since the new Eurostar terminal opened at Amsterdam Central Station earlier this year, more trains can run on the popular route. Currently, Eurostar runs four times a day between London and Amsterdam. The extra train will start running in December. With

Economics

Ground staff KLM will not stop during the summer holidays

The KLM ground staff will not strike until after the summer holidays, according to the FNV trade union. “The judge believes that striking during the summer holidays is not allowed,” says FNV director John van Dorland. “We disagree with that, but we accept it for now.” The collective labor agreement negotiations between FNV and KLM

Economics

Original Birkin bag from Hermès yields 7 million euros at auction

The first Birkin bag ever sold for 7 million euros at an auction in Paris on Thursday. This makes it the most expensive handbag ever auctioned. The bag was owned by the English-French actress and singer Jane Birkin, after whom it is named. The so-called ‘Birkin Bag’ was made in 1984 by the French fashion

Economics

Nutella maker Ferrero buys parent company from breakfast brand Kellogg’s

Het bedrijf achter Nutella neemt het moederbedrijf van ontbijtmerk Kellogg’s over. Het Italiaanse Ferrero betaalt 3,1 miljard dollar (zo’n 2,6 miljard euro) en wil met de overname zijn marktaandeel in de Verenigde Staten vergroten. Ferrero, dat ook Tic Tac, Kinder en natuurlijk Ferrero Rocher maakt, heeft de overname bevestigd nadat verschillende Amerikaanse media er donderdagochtend

Economics

NAM pays a 3 billion euros in dividend to owners Shell and ExxonMobil

The NAM (Nederlandse Aardolie Maatschappij) is distributing 3 billion euros in dividends to its owners, Shell and ExxonMobil. The company made a significant profit last year, despite the closure of the Groningen gas field and the ongoing need to reinforce many homes in the earthquake-affected area. The distribution is detailed in the 2024 annual report.

Economics

House of Representatives agrees with state aid for ailing shipyard Damen

The Dutch shipbuilder Damen will be supported by the Dutch government with an amount of 270 million euros. The cabinet received the green light for this from the House of Representatives on Thursday, after the Senate had already agreed earlier. The support is needed because Damen is experiencing problems with the construction of six ships

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