Microchip firm ASML is evading taxes in the Netherlands by making use of the favorable tax scheme in Belgium, which enables a company to deduct a notional interest from the taxable profit.
The Telegraaf Media Group, publisher of the newspaper De Telegraaf, suffered a loss of 38.09 million euros last year, compared to a profit of 177.9 million euros in 2013. The revenue also decreased from 542.2 million euros in 2013 to 514.9 million euros last year, De Telegraaf reports.
Economists at ABN Amro predict that grain prices are not likely to rise in the immediate future, prices for corn will stagnate, wheat will get cheaper, all leading to lower food prices, according a newly published report from the bank.
The key Dutch interest rate dropped with the ECB initiating quantitative easing. The rate on Dutch obligations drops to 0.32 percent from 0.35% as of yesterday.
Profits of the insurer Achmea decreased drastically over the previous year, reaching the level of 16 million euros, reports De Telegraaf. The contraction is dramatic compared to 2013 when Achmea accumulated over 120 million euros in profits over the first two quarters en route to a 344 million euro profit for the year.
Housing prices are expected to remain constant, or increase only slightly, in a substantial part of the Netherlands. The conclusion was reached by economists at the ING Group in their investigation into the Dutch housing market, the researchers told broadcaster NOS.
ING is the first bank in the Netherlands to introduce fingerprint recognition in the Mobile Banking App. This new addition is available from today for ING customers who have the latest iOS devices that are equipped with Touch ID.
The authorities in Sweden suspect Spyker CEO Victor Muller of tax evasion in the period that he was the boss of the Swedish car company Saab, RTL Nieuws reports.
The horeca (Dutch abbreviation for Hotel/Restaurant/Café) sector showed a higher growth in the last quarter of 2014 as compared to previous years, according to Statistics Netherlands (CBS). Over the course of 2014, the industry grew by 5.6 percent, which is the largest output expansion in hospitality since the pre-crisis period ending with 2007.
Rotterdam Mayor Ahmed Aboutaleb visits Ho Chi Minh City, Vietnam and Bangkok, Thailand from March 8th to the 13th. Aboutaleb is scheduled to share advice on floods and climate handling in Ho Chi Minh City, speak about crisis management in Bangkok while visiting the port authorities of both, the city of Rotterdam revealed in a press release.
Foreign investments in the Dutch economy topped €3.2 billion last year, a record amount of money according to the Netherlands Foreign Investment Agency (NFIA).
The agency, an operational unit of the ministries of Economic Affairs and Foreign Affairs, released its annual report today that states that in total 187 new investment projects were achieved including headquarters, manufacturing facilities, and data centers. These investments will lead to 6,304 extra jobs.
According to State Secretary Fred Teeven (Security and Justice) work done by prisoners is finally starting to bring in money - 4.4 million euros last year in fact, De Telegraaf reports.
Most house doctors (92 percent) who have signed a contract with health insurers are dissatisfied with the contract. This is according to a survey by the Landelijke Huisartsen Vereniging (LHV), NOS reports.
The Public Prosecutor is going after an egg hatchery from Babberich and three egg farms from Landhorst, Leveroij and Haule for selling millions of ordinary eggs as free range eggs.
Bookstores are becoming a rare sight in the Netherlands. Last year the Netherlands had a total of about 800 bookstores, compared to almost 1,000 in 2007 - a decrease of 20 percent.
Dutch consumers are very cautious when it comes to using their savings, even when it is more rational to use their savings to pay off debts.
The reduction in gas extraction in Groningen as well as the low gas price will result in 1.5 to 2 billion euros less for the Dutch treasury this year. This is according to Minister Jeroen Dijsselbloem (Finance, PvdA) who discussed the matter on the talk show Pauw last night.
According to Deputy Prime Minster Lodewijk Asscher (Social Affairs, PvdA), the cabinet will not make more cuts on healthcare and social security to enable burden reduction in a new tax system, NRC reports. Minister Jeroen Dijsselbloem (Finance, PvdA) called further cuts "nonsensical" and "unnecessary".
According to the Central Planning Bureau (CPB), the Dutch economy is recovering steadily.
Dutch-American company Mylan denies supplying materials for executions in the United States. According to the company, the drug rocuronium bromide they deliver to US hospitals and wholesalers, is intended to be used for anesthesia in medical treatments.
Unions FNV and CNV and the management of V&D had an hours long discussion regarding the eventual wage moderation for the store's employees, NU reports. According to the unions, the discussion was constructive.
Property tax rose by an average of 3.4 percent this year compared to 2014. This means that municipalities are not adhering to the agreement with the government that assumed a maximum increase 3 percent.
The number of full time jobs for freelancers decreased in 2014, while the number of freelancers in the Netherlands increased.