Christine Lagarde, who will soon be president of the European Central Bank (ECB), lashed out at euro countries like the Netherlands and Germany for not spending their budget surplus to stimulate the European economy. "Why not use that budget surplus and invest in infrastructure? Why not invest in education and why not invest in innovation?" she said, according to NU.nl.
The Netherlands surpassed Switzerland and Germany as the most competitive economy in Europe. Worldwide, the Netherlands is in fourth place, after Singapore, the United States and Hong Kong, according to a comparison by the World Economic Forum (WEF).
According to the WEF researchers, "an entrepreneurial culture, flat organizations and growth of innovative companies" have made the Dutch economy much more agile.
Ruling parties VVD and D66 think that the Netherlands can be a world leader when it comes to electric air travel. And to achieve that the Netherlands should do much more to stimulate and experiment with electric flying, VVD parliamentarian Remco Dijkstra and D66 parliamentarian Jan Paternotte proposed during a parliamentary debate on aviation, NOS reports.
A new study of senior managers at Dutch businesses found that firms in the Netherlands are spending far more than normal on training and developing their staff. The study also found that many of the business leaders were focused on improving sustainability, but that they were divided on the Brexit issue.
The Netherlands is looking to appoint a special 'startup diplomat' in Silicon valley, whose job it will be to help young Dutch companies do business in the United States, Minister Sigrid Kaag of Foreign Trade and Development Cooperation announced during her working visit to America. The vacancy for the new position, which carries a salary of 8,191 dollars, is now open, AD reports.
The Netherlands is no longer one of the five best performing economies in the world, according to the World Economic Forum's rankings. In this year's ranking, the Netherlands came in sixth place, dropping two spots from last year's fourth, AD reports.
The best performing economy of the 140 economies tested is the United States. Singapore came in second place, followed by Germany and Switzerland. Japan completes the top five.
The exams in high schools desperately need to be modernized, according to the VO-Raad, the council for high schools in the Netherlands. The current method of exams only test knowledge, while tertiary institutions often also look for other skills like team work and critical thinking, the council says, AD reports.
On Monday an innovation deal was signed in Brussels that removes obstacles for storing energy in batteries. Companies in Utrecht's Lombok neighborhood have been working on this since 2015. The Urecht project is one of two innovation deals that the European Commission selected out of 32 proposals. "An important step", State Secretary Mona Keijzer of Economic Affairs and Climate said, ANP reports.
On Tuesday morning the police arrested a 45-year-old woman and a 60-year-old man in the Drenthe town of Hijken on suspicion of fraud with European subsidies. They're suspected of stealing around a million euros by getting subsidies for fake research, the police said in a statement.
Dutch companies are finally again investing more money into research and development. In 2017 R&D investment will amount to 4.3 percent of revenue, the highest level since 2012, according to figures Erasmus University released on Wednesday. Investment into IT will increase to 4.8 percent of revenue, the highest level since 2009. Last year R&D- and IT investment amounted to 2.1 and 2 percent of revenue respectively, NU.nl reports.
According to the university, the R&D and IT branches are important indicators of technological innovation.
Amsterdam made it to fourth place in a ranking of Europe's most dynamic cities by Savills Investment Management. The ranking shows which cities are most suitable for commercial real estate investments. London, Paris and Cambridge are the top three most dynamic cities on the continent, Het Parool reports.
The Netherlands is Europe's fourth most innovative country, according to the European Commissions' European Innovation Scoreboard for 2016. Sweden took first place, like in 2015, followed by Denmark and Finland. The United Kingdom makes up the top 5, NU.nl reports.
The consortium Made by Holland that bought the Soestdijk Palace from the Dutch state, plans to turn the palace and estate into "a platform for innovations and excellent entrepreneurship" with exhibitions and events for a broad audience, Minister Ronald Plasterk of Home Affairs wrote in a letter to parliament, NRC reports.
Rotterdam is catching up to Amsterdam as the most popular city in the Netherlands. The Maas city moved from 6th place to 2nd place, close behind Amsterdam, on the fourth edition of the Cities & Regions Brand Research ranking, AD reports. The ranking is a collaboration project by Hendrik Beerda Brand Consultancy and the University of Utrecht.
By stepping out of the Paris Climate Agreement, the United States is losing out on economic opportunities and innovation possibilities, former UN climate director Yvo de Boer said to BNR. With his decision, Donald trump is boosting the economy of the past, rather than investing in the economy of the future, he said.
The Netherlands could significantly decrease healthcare costs by using new technologies and being smarter about the organization of care, according to employers' organizations VNO-NCW and MKB-Nederland in a healthcare vision they have for the new government. According to the vision, the Netherlands can save at least 1.5 billion euros in healthcare costs per year, the Telegraaf reports.
The Netherlands nominated itself to be the location for a new European plant for American electric car manufacturer Tesla. "The government will certainly endeavour to get the production plant to the Netherlands", Minister Henk Kamp of Economic Affairs wrote to parliament, the Financieele Dagblad reports.
D66 leader Alexander Pechtold wants the next government to address inequality in society, he wrote in the foreword of his party's 232 page election program, which he presented on Friday. According to him, it is time to invest in "equal chances", NU.nl reports.
KLM will not be tapping beer on board its airplanes this month as planned. The company has developed a beer tap trolley to pour a fresh beer at high altitude, but KLM was unable to obtain the certification needed to put the trolley into use this July, a spokesman for the airline said.
Eindhoven mayor Rob van Gijzel was named the first European Digital Leader during an international CIO CITY conference in Amsterdam on Monday. He received this internatinal award for his efforts to turn Eindhoven into one of the Smart Cities of the world
Prince Constantijn kicked off the Startup Fest Europe in Amsterdam on Tuesday morning. The Prince does not know whether startups will become the driving force behind the economy, "but they are important to renew the economy", he said in the opening speech
Prime Minister Mark Rutte visited the European Parliament in Strasbourg on Wednesday to outline the priorities for the Netherlands' term as EU President, for the firs six months of 2016. Rutte called Europe a "large, shared and complex project that can only move forward one step at a time". "In this tradition we will also complete the Dutch Presidency"
The Next Web and Google are working together to launch a technology campus in the heart or Amsterdam which will house a "curated community" of fast-growing technology startups, The Next Web announced on Wednesday. This technology hub is set to open in the spring of 2016.
The International Monetary Fund believes that the Dutch tax system encourages the accumulation of debt and has advised the Dutch authorities to address the situation. According to the IMF, both Dutch businesses and individual consumers are guilty of borrowing too much.