Construction is the fastest growing sector in the Netherlands this year, with an expected growth of 5 percent over 2015.
Banks charge a too high interest rate for tens of thousands of homeowners who have a savings mortgage, because they do not take the savings that homeowners build up for repaying the mortgage into account.
Entree fees at amusements parks have increased significantly over the past five years. The average price of a ticket is now 35 euros, compared to 30 euros in 2010 - an increase of 17 percent.
Sun Capital is investing 47 million euros into V&D, thereby buying out the consortium of banks. The investment company is also extending the financing from 2 to 4 years to give V&D more time and space to recover.
A number of Dutch banks are not fully complying with the commitments they made to improve the sustainability of their investments. Some banks are still investing in nuclear weapons and arms programs.
One in three college and university students borrow money from DUO - the Office of Education. 33 percent of these students borrow this money to build up a savings account for when they are done with their studies or some to purchase their own home.
Dutch banks are ready for the expected financial turmoil in Greece this week. The country announced that banks would be closed on Monday to introduce capital controls, news agency Reuters reports.
A reportedly dire situation at the Dutch branch of KPMG is prompting the firm to seek assistance in reorganization from its international office, writes De Telegraaf. The company is facing a decreasing market share and profit margins and a departure of some of its key partners.
Over 60,000 square meters of the ING Harlemmerweg office space in Amsterdam is going under conversion into 900 apartment units. This is a result of the purchase agreement between real estate investment company Bouwinvest and the developer Pinnacle, which is going to transform the bank's office space.
The OECD improved its forecast for the growth of the Dutch economy. The Netherlands is now expected to grow by two percent in 2015, and 2.2 percent the following year. Previously, the organization estimated the growth of 1.4 and 1.6 percent respectively.
ING Bank will announce hundreds of layoffs at the Dutch headquarters in Amsterdam on Tuesday. These layoffs form part of the reorganization program which was announced in November last year. A total of more than 2,700 jobs will disappear - 1,700 permanent jobs and 1,075 flexible jobs.
ING's economic office believe that a United Kingdom departure from the European Union, the so-called Brexit, would have damaging consequences for the Dutch economy.
Major banks in the Netherlands are raising their mortgage rates for the first time after several years of contraction.
Tonight is the last night to experience the artwork "Water Light" by artist and innovator Daan Roosegaarde on the Museumplein in Amsterdam. This digital art work floods nearly 8 hectare of the city center with virtual water.
Cuban-American brothers Alfredo and Gustavo Villodo filed a lawsuit in the United States worth between 1.7 and five billion dollars against ING for not complying with the economic sanctions against Cuba, reports NOS.
ING bank reported a net result of 1.18 billion for the first quarter of 2015. This is a 43 percent improvement on the result from a year ago, and more than double the amount earned in the fourth quarter of 2014. Including the performance of the insurance branch, ING showed a net result of 1.77 billion in the first quarter.
Nearly 200 organizations are laying off employees because of the introduction of the new worker protection law in July, according to labor union CNV. Temporary workers who have worked with a company for at least two years are entitled to severance pay under the new legislation.
Scammers made an identical copy of the website that belongs to the electronics chain Dixon and placed thousands of advertisements on Marktplaats, leading an untold number of potential victims to the site. Though Tweakers.net says Marktplaats, an Ebay-owned trading website, blocked the fake seller, the dubious fake site is often still operational. It was down on Sunday morning.
Celebrants selling their wares across the Netherlands on King's Day are expected to earn a total of 330 million euros, ING analysts stated on Friday. Over a quarter of the nation's adults are planning to sell used items this year, and are expected to make 92 euros on average per person.
Insurance giant Nationale-Nederlanden (NN) is dismissing its temporary workers in expectation of the new job security law, according to Volkskrant. The law that comes into force July 1 will provide greater job security to temporary employees. Previous incident of supposed law circumvention involved one of the largest Dutch banks, ING.
Recovery of the Dutch economy is gaining strength and could lead to two percent growth in 2015, the ING bank economic bureau reports. This would be the highest level of growth since 2008, driven mainly by an increase in consumer and business spending, and a decline in the oil prices.
Labor union CNV is starting a hotline for people dealing with employment abuses as a result of the new Work and Security law that comes into effect on July 1, the union said on Friday morning. The law makes it easier for flexible contract workers, freelancers and temporary hires to get severance packages if they are let go.
Workers let go before July 1 will be offered an additional compensation package, ING announced on Wednesday. The bank ruffled feathers with its plan to release workers by the end of June, beating out enforcement of new rules requiring severance pay for those working on temporary and flexible contracts.
Companies are trying to avoid the new dismissal rules taking effect in the Netherlands on July 1st by prematurely dismissing temporary workers on a large scale, Volkskrant reports based on emails and documents seen by the newspaper. Companies are dismissing temp workers to avoid having to pay the statutory severance pay from July.