Peter Hein van Mulligen

No public transport due to snow

Snow day caused €35 million hit to Netherlands economy

Dec 12 '17 13:40
BusinessNature

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.

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Dutch work fewer hours than other EU workers

Aug 30 '17 10:50
Business

Compared to other EU countries, people in the Netherlands are relatively often employed, but at the same time work almost the least number of hours per week, according to figures Statistics Netherlands released on Tuesday.

Of the 12.8 million people in the Netherlands between the ages of 15 and 75 years, 65.8 percent had paid work last year, according to the stats office. That is roughly seven out of ten men and six out of ten women. In the European Union, only Sweden, Germany and Estonia have higher employment rates. 

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Airfare, vacation prices climb higher despite low oil prices

Jan 13 '16 12:55
Business

The average price of airfare rose by 5.4 percent last year despite a sharp drop in the price of oil, according to Statistics Netherlands (CBS) figures provided to NOS. The price of holiday packages also went up by 1.5 percent.

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