Dutch small and medium sized enterprises (SMEs) make more and more use of alternative lenders from abroad. Two weeks ago Riverbank from Luxembourg opened shop in the Netherlands, the fifth foreign financial institution that offers loans to smaller Dutch companies to do so. The market share of these new foreign investors is still relatively modest, but the amounts in loans they give double annually, Financieele Dagblad reports.
Store chain Blokker will be closing 100 branches in the coming year. Sister company Marskramer will close another 100. A total of 1,900 jobs will disappear at Blokker, Marskramer and at parent company Blokker Holding, the company announced on Tuesday. Blokker Holding will eventually cease to exist. Marskramer will continue on a franchise formula. And chains Intertoys, Maxi Toys, Big Bazar, Xenos and Leen Bakker will be sold off, ANP reports.
Highly educated young people with an immigrant background in the Netherlands are just as upbeat about their future in the country as their native Dutch counterparts, according to a study done by Knowledge Platform Integration & Society on behalf of the Ministry of Social Affairs. Their future plans are much more dependent on their parents' education level than where there parents came from, the Volkskrant reports.
Amsterdam is one of the eight most tourist unfriendly destinations in the world, according to a list compiled by British newspaper The Independent. The newspaper quotes Amsterdam Marketing CEO Frans van der Avert, saying he "made it abundantly clear the city is a bit over tourists".
Residents are tired of repeated military helicopter drills in the area between Arnhem, Epe, Ermelo and Apeldoorn. Recreation park owners from Ermelo teamed up to complain about the low flying helicopters affecting their business. They want Defense to only run its helicopter drills outside tourism season, the Gelderlander reports.
Many banks and financial institutions moving to Europe after the Brexit, are shunning Amsterdam due to the Netherlands' cap on bonuses. While the rest of the European Union capped bonuses at 100 percent of the fixed salary, the Netherlands' cap is 20 percent of the fixed salary. The banks fear losing talent to the competition, being forced to pay irresponsibly high salaries to keep employees and do not feel welcome in the Netherlands, Financieele Dagblad reports after talking to a number of companies assisting banks in their move to the EU mainland.
Discount website Groupon recently started offering helicopter flights over Amsterdam by company Heliams.com. This week there is a significant discount on the offer, causing great annoyance in the PvdA faction in Amsterdam, Het Parool reports.
Before the end of the year Shell plans to equip 20 of its petrol stations in the Netherlands with rapid car charging points. In this way the Dutch oil and gas giant wants to provide for a growing need - the number of electric cars in the Netherlands is increasing rapidly, ANP reports.
In a city center that is filled with co-working spaces, it is not particularly surprising that a new hub for sex workers in Amsterdam's famed Red Light District is using ideas like flexible room rental agreements, a website showing who is working at any given time and what their skills are, and a sort-of networking lounge like those seen in many of the city's shared working environments. My Red Light was unveiled to journalists on Friday, over two years after the city's mayor first floated the idea of a brothel completely managed and run by sex workers.
Organizations Claimingo and Reisrecht are officially filing damage claims against Schiphol and a number of airlines for delays passengers suffered in the May holiday due to long lines at the airport.
Amsterdam was ranked 5th in real estate advisor Savills' list of attractive locations for technology companies in the world. The Dutch capital is praised for how well it is connected to other cities, largely thanks to international airport Schiphol, its skilled workers, its attractive living environment and the fact that most everyone in the city can speak English.
Legal advice office for students LSR is taking the Rotterdam University of Applied Sciences to court on behalf of dozens of students who claim the school caused delays to their studies. The LSR is claiming a total of over one million euros in compensation from the school, which amounts to 20 thousand euros per student, AD reports.
Netflix is planning an expansion of its Amsterdam operations to eventually accomodate over 400 employees. The video-on-demand, production and distribution firm wants the office to become its customer service headquarters for its clients in Africa, Eastern Europe and the Middle East.
The European economy is continuing its steady growth, and for the first time in a long time all EU countries saw economic growth. The European Commission expects that the EU economy will grow by 1.7 percent this year and 1.8 percent in 2018. The Netherlands is outperforming the EU average with expected economic growth of 2.1 percent this year and 1.8 percent in 2018, the Volkskrant reports.
Amsterdam coalition parties D66, VVD and SP plan to help shopkeepers in the city center in their fight against high rent increases. They want the municipality to investigate how these small business owners can be assisted legally. They are also planning a campaign to inform these business owners about their tenant's rights and legal options when their property manager increases their rent, Het Parool reports.
The municipality of Rotterdam decided to ban shops in the city center from selling alcohol on Sunday, when Feyenoord is playing against Heracles for the Dutch title. On Wednesday the police published photos of 12 men suspected of violence during riots in Rotterdam this past Sunday after Feyenoord lost against Excelsior. So far three suspects turned themselves in, according to the Telegraaf.
All 12 men are suspected of public violence. The photos of those who turned themselves in have since been removed from the police site.
Much is wrong with the working culture in the Netherlands Forensic Institute (NFI) in The Hague, according to a report by investigative agencies Andersson Elffers Felix and INK. Staff members often feel unsafe and there is a lot of suspicion, gossiping and squabbling, they conclude after investigating the institute at the NFI's request, ANP reports.
Amsterdam alderman for public space Abdeluheb Choho (D66) wants to increase tourist tax in the city from 5 percent to 15 percent, he said to the Telegraaf. The money made by the increase can be used to make Amsterdam a more pleasant place for residents.
According to Choho, raising the tourist tax several advantages. "It does not hit the ordinary Amsterdammer and the money you collect with this can immediately be reinvested into the city", he said to the newspaper.
Last year the Dutch labor market was recovered from the economic crisis in many aspects, though labor participation was still lower than in 2008 before the outbreak of the crisis, according to figures Statistics Netherlands released on Wednesday. In 2016 the number of unemployed people was still 1.5 times higher than in 2008, the number of people in long-term unemployment was over twice as high.
On Wednesday afternoon European Central Bank president Mario Draghi is visiting the Tweede Kamer, the lower house of Dutch parliament. He can expect to be met with hostility and demands for the ECB to stop pushing billions of euros into the European economy in an effort to boost growth, NU.nl reports after speaking with numerous parliamentarians.
Amsterdam is lowering the price of land for the construction of 1,500 mid-level rent-controlled housing, the college of mayor and aldermen announced on Tuesday. The municipality is willing to lose out on 160 million euros in income on the land in order to remedy the serious shortage of rental housing for people who earn too much to qualify for social housing, but can't afford to buy a house, Het Parool reports.
Make it cheaper for employers to take on permanent workers, and more expensive to hire temporary workers, new FNV chairman Han Busker said in an interview with AD. If this does not happen, there will be labor actions, he said as a message to the parties currently negotiating forming the new Dutch government together.
"I assume that the new minister of Social Affairs, whoever it may be, will listen well to FNV. And if they don't listen in The Hague, we will make our sound elsewhere. If necessary, the FNV will simply take action. With a full Museumplein if it must", Busker said.
Utrecht was right to lower a Muslim woman's welfare benefit after she refused to remove her Niqab during work training, the Central Court of Appeals in Utrecht ruled on Tuesday. According to the court, the chance of the woman finding work quickly while wearing her Niqab is very small and "this causes unnecessary pressure on public funds", ANP reports.
Schiphol Airport will open all security gates in Departure Hall 1 during the summer season to help deal with the expected crowds. All security gates in Departure Hall 2 will also be opened if necessary, the airport announced following consultations between State Secretary Sharon Dijksma of Infrastructure, Schiphol CEO Jos Nijhuis and KLM CEO Pieter Elbers, NU.nl reports.