Business

The research institute Imec has received a groundbreaking new machine from ASML that will allow for the development of the world's smallest chips. This installation in Leuven aims to pioneer the next generation of hardware for artificial intelligence and high-performance computing. Experts expect the system to be fully operational by the end of 2026.

ASML has proposed a new social plan to support 1,400 employees facing redundancy in the Netherlands, offering double the usual transition pay. However, trade unions have criticised the move, blaming the job cuts on years of poor organisational management. The plan now awaits a decision from the company's works council.

A new autonomous robot is helping nurses spend more time with patients by taking over delivery tasks in busy hospitals. The innovation has earned a nomination for a major national award, with the public now invited to vote for the winner.

Meta plans to cut thousands of jobs as it shifts more investment into artificial intelligence. Sources say the reductions could reach one‑fifth of the workforce, though no final decision has been made. The move reflects a wider trend in the tech sector as companies rely more heavily on AI tools.

The Dutch government is fast-tracking a bill for mandatory disability insurance for the self-employed, despite heavy criticism from the Council of State and the CPB. Under the new proposal, self-employed workers without private cover will pay a monthly premium of up to €171, but will only receive payouts after a two-year waiting period. While experts warn that this long gap leaves many workers vulnerable, Minister Thierry Aartsen defended the plan as a necessary "basic social safety net" that balances poverty prevention with affordable costs. The bill now heads to the House of Representatives, even as concerns remain over whether tax and insurance agencies can handle the massive administrative burden.

A group of six EU nations, led by the Netherlands, Germany, and France, has urged the European Commission to fast-track the introduction of a digital euro to bolster the bloc's global competitiveness. In a joint letter, the finance ministers argued that a digital currency is essential for a "sovereign and resilient" payments landscape that reduces dependence on non-EU systems. Beyond the digital euro, the proposals call for a more integrated capital market, unified EU-level supervision of major stock exchanges, and improved funding for start-ups. These recommendations are intended to set the agenda for next Thursday’s EU summit, where leaders will discuss how to strengthen Europe's economic independence and long-term growth potential.

Dutch house prices are expected to rise more slowly this year, with a projected increase of 3.1 percent. Researchers say the market is cooling due to a temporary boost in supply, even as the long‑term housing shortage continues to push prices upward.

Eindhoven councillors have approved ASML's massive expansion at the Brainport Industries Campus alongside major investments in regional infrastructure. The project, which includes new bus lanes and road widening, aims to support 20,000 new jobs while connecting the region through the high-speed Brainport Line.