Economics

Economics

Four major porn sites must prove that minors do not come in

Pornosites Pornhub, Stripchat, XNXX and XVideos must prove in the coming period that they are doing enough to keep minors off their platforms. The European Commission has strong suspicions that the sites are not complying with legal rules and has launched investigations. Children under the age of eighteen are not allowed to visit the porn […]

Economics

Fins UPM will stop Bouw Fabriek in Rotterdam harbor due to excessive costs

The construction of a biofuel factory in the Port of Rotterdam will not proceed. The Finnish company UPM is halting the plans due to excessive construction costs. UPM, which also produces paper and cardboard, announced that all technical work on the project has been stopped. The company writes that the investment and operating costs of

Economics

Russians were behind large hack Dutch police: ‘Store by State’

The intelligence service AIVD holds a new and previously unknown Russian hacker group responsible for the major hack on the police in September 2024. In that hack, “work-related contact information” of all police employees was stolen, such as names, email addresses, and phone numbers. Immediately after the discovery of the hack, intelligence services expressed the

Economics

Minister wants to allow Lang Living at Holiday Park ten years

Municipalities must allow people to live in holiday parks for ten years. This is stated in plans published by Housing Minister Mona Keijzer for reactions. Currently, municipalities can still decide for themselves whether to allow permanent residence. In the Netherlands, almost 60,000 people are registered at the address of a recreational home, Keijzer writes in

Economics

Again fewer Tesla’s sold in European Union

The sale of new Teslas in the European Union also fell in April. In that month, 52.6 percent fewer electric cars of the brand were sold than a year earlier, according to figures from the European automotive industry association ACEA. In the EU, 5,475 new Teslas were registered last month. In the year before, that

Economics

Rabobank invests a billion in rental properties in the Eindhoven region

Rabobank is investing one billion euros in mid-rental housing in the Eindhoven region in the coming years. This is being done through the BPD Woningfonds (BPD Housing Fund), a part of the bank. According to Rabobank, the need is great due to the rapid growth of the region and a shortage of affordable rental housing.

Economics

Care receives more and more expensive staff, and that is accompanied by high costs

With the healthcare sector attracting more staff, the sector’s costs are rising. Increasing wages also contributed to a cost of 113.5 billion euros in 2024. The Netherlands spent 8.1 percent more on healthcare last year than in 2023, according to statistics agency CBS. This means that costs grew faster than the economy. “It’s not surprising

Economics

Volvo scraps three thousand jobs, mainly at offices in Sweden

Volvo Cars is cutting approximately three thousand jobs to save costs. The layoffs primarily affect office jobs in its home country of Sweden, reports ANP. “The automotive industry is in the middle of a challenging period,” said CEO Hakan Samuelsson in an explanation. “To address this, we need to improve our cash flow and structurally

Economics

Shein is under fire because of fake discounts, fake scarcity and counting bells

SHEIN needs to quickly adjust its business operations, otherwise the Chinese online store may face a fine. Several regulators, including the Dutch Authority for Consumers & Markets (ACM), state that the company is misleading consumers with, among other things, unjustified claims and fake discounts. For example, SHEIN states for various products that only a few

Economics

Gas account next year 20 euros higher due to rising transport costs

Households will pay about 20 euros more for gas transport in 2026. This contribution to national natural gas transport is a small part of the total gas bill. A major reason for the price increase is the declining gas use. The Netherlands Authority for Consumers and Markets (ACM) has determined that the transport tariff will

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