The economy in the Amsterdam Metropolitan region is expected to grow by 2.8 percent this year and 2.3 percent in 2020, according to the region's economic exploration. While the expected growth is lower than the 3.4 percent growth the region saw last year, the Amsterdam region is still one of the three fastest growing regions in Europe, together with Prague and Warsaw, NU.nl reports.
The negative impact a no-deal Brexit will have on trade and economy will cost the Amsterdam region at least 1 billion euros gross, finance alderman Udo Kock wrote in a letter to the city council, the Telegraaf reports.
In a short New Year's address, Amsterdam mayor Femke Halsema praised the hopeful feeling around the city's future. She said the city wants more people to be able to access Amsterdam's growing prosperity through policy that addresses poverty, disenfranchisement, and crime.
The Netherlands should approach Spain and France to form an alliance in the European Union to replace Great Britain as an ally after the Brexit, according to the advisory council on international affairs AIV. Parliament asked the AIV to look into which diplomatic strategy the Netherlands should follow now that Great Britain is leaving the European Union, NU.nl reports.
The Netherlands is one of the countries that will be most negatively affected in the event of a so-called 'hard' Brexit - if the United Kingdom leaves the European Union without trade agreements. Only Ireland will be hit harder, the International Monetary Fund calculates, NU.nl reports.
According to the IMF, a hard Brexit can cost the Netherlands 0.7 percent of its national income. Ireland will see a decrease of 4 percent.
For the first time since the outbreak of the financial crisis in 2008, more people in the Netherlands are positive about the development of the country than are negative, according to a report by social and cultural planning office SCP. The Dutch are less worried about the economy and have more confidence in politics and the judiciary, RTL Nieuws reports.
Crowdfunding, crowd financing, and crowd investing in the Netherlands showed strong growth of 31 percent last year compared to 2016 figures when 170 million euros was raised. A total of 223 million euros was raised through Dutch crowd initiatives last year, which financed over 5,300 separate actions, according to an analysis from CrowdfundingCijfers.nl
Monday's heavy snowfall, and the problems in traffic and productivity it caused, cost the Dutch economy around 35 million euros, according to calculations by the Economic Research Foundation and Statistics Netherlands chief economist Peter Hein van Mulligen, BNR reports.
If there is a whole business day in which no work is done in a quarter, like when Christmas falls on a week day, it costs the Netherlands' GDP 0.2 to 0.3 percent of growth, Van Mulligen said to the broadcaster. That amounts to 350 million euros the Netherlands' economy loses out on.
The Dutch economy continues to grow steadily and its growth is expected to reach 3.3 percent this year, according to planning office CPB's estimate in its Macro Economic Exploration, which was published on Wednesday. If this estimate holds true, this will be the first time the Dutch economy grows by more than 3 percent since the outbreak of the economic crisis in 2007. In 2018 the gross domestic product is expected to grow by 2.5 percent, NU.nl reports.
Dutch charities are benefiting greatly from the growing economy. Thanks in part to large donations from estates, the 25 largest Dutch charities raised a total of 822 million euros last year, an increase of 13 percent compared to 2015, the Volkskrant reports based on its annual charity survey.
Cancer fund KWF is still the largest charity in the Netherlands, raising 119 million euros last year. In 2015 the KWF raised 116.9 million euros. Hartsticthing and the Oranjefonds came second and third with 53 million and 52.8 million euros respectively.
Eindhoven's economy is growing faster than those of the four large cities in the Randstad, Statistics Netherlands revealed on Thursday. Last year Eindhoven's GDP grew by 3.6 percent, compared to the National average of 2.2 percent. Amsterdam, Rotterdam, Utrecht and The Hague all saw growth between 2.2 and 3 percent.
According to the stats office, Eindhoven's high-tech industry plays a big role in the municipality's economic growth. A large part can be attributed to the presence of companies like ASML, Philips and NXP.
Dutch norms and values and immigration and asylum are the biggest concerns among Dutch voters at the moment, according to a study done by research agency Ipsos on behalf of Dutch broadcaster NOS. Ipsos surveyed a total of 1,103 Dutch voters that form a good representation of the Dutch population, NOS reports.
Voters will have quite a selection to choose from in the parliamentary elections next month when it comes to picking a political party based on the financial and economic choices, according to calculations by Dutch central planning office CPB. A major difference between this and last election is that the parties are focused on spending money now that the economy is recovering, instead of the 2012 election's focus on cutbacks in the aftermath of the financial crisis, NU.nl reports.
The average waiting time at hospitals in the Netherlands again increased in 2016, according to figures NRC got from research and consulting firm MediQuest. In 2014 the average waiting time was 2.95 weeks. In 2015 it increased to 3.10 weeks and last year it was up to 3.52 weeks.
Waiting times are increasing across a broad range of specialities, especially for patients with allertigies, eye problams and stomach, intestinal and liver problems. These specialities had waiting times of over six weeks by the end of 2016.
The improving economy and falling unemployment have the Dutch population generally feeling less pessimistic about the future of the Netherlands. The majority of the population is still negative, however, according to a quarterly survey by social and cultural planning office SCP, ANP reports.
German Chancellor Angela Merkel invited the Netherlands to the G20 summit happening in Hamburg on July 7th and 8th next year. From Thursday Germany is the chairman of the G20 for the next 12 months, NU.nl reports
Prime Minister Mark Rutte called the invitation good news. "We earn a significant portion of our money in international trade. In the G20 the largest economies of the world discus a wide range of toopics that affect financial stability and economic growth. These issues affect Dutch interests directly", he said.
The Dutch economy grew by 0.7 percent in the third quarter compared to the second quarter and by 2.4 percent compared to the third quarter in 2015, according to the initial figures by Statistics entherlands. This is the 10th quarter in a row that the Dutch economy showed growth.
Statistics Netherlands mainly attributes the growth to exports and household consumption. Consumers spent more on electronics, restaurants and other forms of entertainment. More foreign tourists also visited the Netherlands.
The Dutch economy is expected to grow by 1.7 percent next year, according to the leaked budget memorandum RTL Nieuws and Telegraaf managed to get hold of. That is slightly more than the 1.6 percent initially estimated.
Both Amsterdam and Rotterdam made it to the top 20 of the 100 best cities in the world to live on Arcadis' Sustainable Cities Index. Amsterdam is in 11th place, Rotterdam made it to 19th
The confidence of industry producers in the Netherlands decreased significantly this month, according to Statistics Netherlands. In August producers' confidence amounted to 1.2 on the statistics office's scale, compared to 5.1 in July - the biggest drop in confidence in five years.
In the second quarter of this year the Dutch economy grew by 0.6 percent compared to the previous quarter, continuing its steady growth for nine quarters in a row, Statistics Netherlands announced on Friday in its first calculations.
For the first time in nearly 30 years, products and services in the Netherlands were cheaper than in the month before. In July inflation fell to minus 0.3 percent, Statistics Netherlands announced on Thursday.
Schiphol airport and the port of Rotterdam are no longer so important to the Dutch economy for them to have their own separate policy, according to the Council for Environment and Infrastructure in its latest advice to the government
The arrival of asylum seekers and immigration in general are still the greatest issues in the Netherlands by far, according to the Social and Cultural Planning Office's quarterly report. Opinions on the matter are very divided - a large group point to the negatives of asylum seekers in the country, and another large group is alarmed by the other's attitude