Business

Netherlands and the European Union
Mar 30 '20 19:30

Former Dutch Central Bank head Nout Wellink has voiced his dissent against the government for its reluctance to embrace "coronabonds," a common debt instrument designed to support embattled Eurozone economies in the wake of the coronavirus health crisis. In an interview on Monday with NPO Radio 1, Wellink expressed his support for the joint debt program in the European Union.

Call center operator
Mar 30 '20 13:42

An outage affecting KPN, VodafoneZiggo, and T-Mobile is causing connection problems throughout the Netherlands. Various healthcare institutions reported that they are hard to reach by telephone at present.

The Deventer Hospital and hospital group Rijnstate both reported on Twitter that they are difficult to reach due to the outage. "We recommend that you keep trying. Sorry for the inconvenience!" Rijnstate said. GGD Drenthe, and the Zaans Medical Center also reported problems with their telephones, according to NOS.

Two Dutch F-16 fighter jets
Mar 30 '20 12:57

The Dutch Air Force continues to train, despite restrictions in place to curb the spread of the coronavirus, the military branch said on Twitter, after fighter jets were spotted racing through the skies over multiple regions of the Netherlands on Monday. The unannounced training caused some panic and consternation on social media. 

Packed up terrace
Mar 30 '20 12:20

Entrepreneurs in the retail, hospitality, and travel sectors are currently much more negative about the economic climate in the Netherlands than a few months ago. More entrepreneurs expect the economy to deteriorate than expect it to improve, though on balance they still expect a higher turnover in the coming months, Statistics Netherlands reported on Monday.

Child using a laptop
Mar 30 '20 08:49

The municipality of Amsterdam is making 3,250 laptops and 450 WiFi hotspots available to pupils who do not have the proper equipment at home to follow distance education while the schools are closed during the coronavirus crisis. With this emergency measure, alderman Marjolein Moorman wants to combat inequality and prevent children from falling behind, she said to AT5.

The laptops and WiFi hotspots will be available to pupils who need them for as long as the schools are closed. The laptops will be distributed on Monday. A maximum of one laptop is available per family.

A nearly abandoned D Concourse in Departures 1 at Schiphol, 10 March 2020
Mar 30 '20 08:22

Passengers on flights from New York will not be subject to extra screenings when they arrive at Schiphol airport. Their temperature will not be measures and they won't be asked about symptoms, a spokesperson for Schiphol said to RTL Nieuws. "That is currently the policy in the Netherlands. That policy is determined by the government, not by Schiphol," the spokesperson said.

New York was hit hard by the coronavirus outbreak in the United States. Of the over 2 thousand deaths in the country, over 700 happened in New York. 

A Philips non-invasive ventilator
Mar 30 '20 08:02

The Netherlands ordered a total of 1 thousand ventilators from Philips two weeks ago, Philips CEO Frans van Houten said on television program Op1 on Sunday. By that time, the company's stock had already been sold to other countries. The first 100 units were delivered on Saturday. "The others come as soon as possible. It depend on how fast we can produce," Van Houten said. 

Planes parked at Schiphol, 25 March 2020
Mar 27 '20 15:10

A total of some 19 thousand Dutch people are still stranded abroad by restrictions implemented to curb the spread of coronavirus Covid-19 and looking for a way home, Minister Stef Blok of Foreign Affairs said to broadcaster NOS. The Ministry is doing "its best" to get them home, but that's not always easy, Blok said.

The Netherlands is currently discussing special landing rights with Panama, Suriname, Columbia and Peru, to send flights to repatriate Netherlands citizens

Dutch police crime scene tape
Mar 27 '20 11:45

A branch of pharmaceutical firm Roche on Transistorstraat in Almere was vandalized overnight. The phrase "How many deaths?" was spray painted on its wall, and a sign with the text "Fuck Roche profit" was left at the building, Omroep Flevoland reports.

Covid-19: Police patrol the Dappermarkt in Amsterdam to make sure shoppers keep 1.5 meters apart, 26 March 2020
Mar 27 '20 11:00

Due to restrictions implemented to curb the spread of coronavirus Covid-19, many stores in the Netherlands are closed. To make it easier for Amsterdam residents to do their shopping, the umbrella organization for entrepreneurs in the capital Vereniging Amsterdam City created a website listing the stores that are still operating.

ABN Amro
Mar 27 '20 10:12

The measures taken to curb the spread of coronavirus Covid-19 will result in the Dutch economy shrinking 3.5 percent this year, ABN Amro calculated on the assumption that the current restrictions will last about two months. Unemployment will be around 4.5 percent by this summer, compared to 2.9 percent in February, according to the bank.

Belastingdienst tax blue envelope
Mar 27 '20 09:34

For years the Tax Authority had hard targets for amounts that had to be recovered from paid allowances. If they did not reach these targets, they had to scrutinize more potential fraudsters to achieve the 'minimum yield', Trouw and RTL Nieuws report based on their own research.

Frank About Tea, an organization based at Impact Hub in Amsterdam
Mar 26 '20 19:33

In a partnership with Impact Hub Amsterdam, NL Times is sharing this list of 15 Dutch businesses which are still open for business, selling heir products while the country's restrictions caused by the ongoing international health crisis force society to change its behavior for the time being. The businesses are mostly selling food and beverages, and will happily deliver right to your doorstep (while maintaining an adequate amount of space).

ABN Amro logo on a building in Rotterdam
Mar 26 '20 17:41

ABN Amro took a 183-million euro hit to its profits after a single US client failed to meet margin calls required to keep trading. The bank pointed to the market turmoil during the coronavirus pandemic when it reported the loss in a statement at the beginning of the business day.

Buyers wait at a safe distance outside an Amsterdam Oost open house
Mar 26 '20 17:19

Approximately half of all homeowners in the Netherlands believe the value of Dutch real estate is set to decrease as a result of the ongoing coronavirus outbreak, a new survey by the consumer protection group Vereniging Eigen Huis reveals.

Schiphol Airport station in Amsterdam
Mar 26 '20 16:00

With the Netherlands urged to stay home as much as possible to prevent the spread of coronavirus, a video posted online Thursday morning showed how one NS train conductor is  "working" from home. It was viewed about 275 thousand times by late afternoon.

The video features the conductor, in full uniform, stepping out of his house, checking for stray passengers, checking the time, and then blowing his whistle to signal that all is safe, before stepping back into his house and shutting the door.

Moving
Mar 26 '20 13:35

Tenants who lost their income due to the coronavirus and measures taken to curb its spread and therefore can't pay their rent, can temporarily not be evicted, Minister Stientje van Veldhoven of Housing said in a letter to parliament on Thursday. The Minister made agreements with landlord organizations Aedes, IVBN, Kences, and Vastgoed Belang to this extent. The measure applies as long as the coronavirus crisis, NU.nl reports.

Tweede Kamer
Mar 26 '20 12:48

Several parties in the lower house of Dutch parliament are in favor of forcing pharmaceutical company Roche to release the manufacturing process and recipe of the coronavirus test they make, if this is necessary. This would make it possible for tests to be produced in the Netherlands, NOS reports.

Keukenhof
Mar 26 '20 12:20

The Keukenhof, a massive tourist attraction in the Netherlands, will not open at all this year. The measures in place to curb the spread of coronavirus Covid-19 mean that there is no sense in opening the flower park in Lisse, a spokesperson said to Omroep Brabant.

Feike Sijbesma
Mar 26 '20 10:41

The government appointed Feike Sijbesma, former CEO of biochemistry multinational DSM, as the special envoy for various aspects of dealing with the coronavirus, the Ministry of Public Health announced. He will firstly focus on Covid-19 tests and the availability thereof

Sijbesma will start working as envoy immediately. He will work closely with the Diagnostics Task Force set up by the Ministry of Public Health, Welfare and Sports.

Newspapers
Mar 26 '20 10:26

After the hospitality and entertainment sectors, the coronavirus and measures taken to curb its spread are claiming more victims in the Netherlands' business world. Technology start ups and local and regional door-to-door newspapers are facing serious trouble.

RAI Amsterdam
Mar 26 '20 09:29

Congress center RAI in Amsterdam and event hall Ahoy in Rotterdam are looking into whether and how they can serve as emergency locations to take in patients during the coronavirus crisis, the two venues confirmed to BNR.

RAI CEO Paul Riemens met with Amsterdam mayor Femke Halsema on Wednesday. Nothing concrete has been decided yet, he said to the broadcaster. "But if indeed it turns out that there will soon be too few beds, it is expected that an appeal will be made to the RAI," he said.

The Zuidas, Amsterdam’s large commercial business district, was virtually abandoned. 19 March 2020
Mar 26 '20 09:15

The coronavirus will definitely cause a recession in the Netherlands, according to a report central planning office CPB released on Thursday. The CPB calculated four scenarios depending on how long the measures to curb the spread of Covid-19 will remain in place, and all four scenarios resulted in a recession. In the best case scenario, the Dutch economy will shrink 1.2 percent this year, in the worst case it will shrink 7.7 percent. In three of the four scenarios, the shrink will be greater than in the 2008/2009 financial crisis, CPB said.

Parliament in the Netherlands
Mar 25 '20 18:57

Members of the House of Representatives convened this afternoon to debate with Finance Minister Wopke Hoekstra, pressing government to speed up emergency economic measures in the wake of the Covid-19 outbreak.

The measures in question, which would require significant changes to be made to the government budget, are aimed at aiding small businesses, entrepreneurs and self-employed workers in the Netherlands whose business has been affected by the Covid-19 pandemic.

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