Business

ING expects the eurozone’s trade surplus to fall sharply this year because of the Middle East war and rising competition from China, with the bloc at risk of a sizeable trade deficit in 2026.

Sales of fully electric cars in the EU surged almost 50 percent in March, with strong growth in plug‑in and hybrid models, while the Netherlands recorded a slight decline in fully electric sales.

ASML is joining forces with major European tech companies to push for stronger EU semiconductor policies, warning that Europe’s limited share of its sales is a “huge red flag.”

ABN AMRO has cut its growth outlook for the Dutch do‑it‑yourself sector to 2 percent in 2026, down from 3 percent, as the Iran war, higher inflation, and weaker consumer confidence weigh on home‑improvement spending. More homeowners are taking on small repairs themselves, while rising costs and online competition squeeze margins at DIY chains like Hornbach, Gamma, Karwei, and Praxis.

Dutch start-up Thorizon has signed an agreement to build Europe’s first commercial molten salt reactor in Zeeland, with plans to have it operational by 2034. Unlike traditional nuclear plants, this technology uses liquid salt as both fuel and coolant, which CEO Kiki Lauwers describes as a safer alternative that can even repurpose existing nuclear waste. The project, which has already secured tens of millions in funding from investors and regional authorities, is expected to cover an area the size of several football pitches and provide enough energy to power 250,000 households once connected to the grid.

From January 2027, young workers aged 16 to 20 will benefit from a significant increase in the youth minimum wage as the government implements a long-standing plan to boost pay for younger age groups. Under the new rules, the percentage of the full adult wage that young people are entitled to will rise, with 17-year-olds reaching 50% and 19-year-olds receiving 75% of the statutory rate. While Minister Hans Vijlbrief acknowledged that businesses may face higher costs, he noted that the increase should help employers attract staff. The changes will also extend to vocational (MBO) students on work-study tracks, ensuring more consistent pay standards across the workforce.

According to the Chamber of Commerce (KvK), the number of businesses closing down fell by 7.2% in the first quarter of this year, marking the first decline in two and a half years. While overall start-ups rose by 2%, sectors such as healthcare and the arts saw a drop in new entries due to ongoing uncertainty surrounding self-employment regulations. Experts suggest the general dip in closures indicates that many struggling owners have already exited the market, though strict rules regarding "bogus self-employment" continue to make potential entrepreneurs more hesitant in specific industries.

TSMC posted record first‑quarter profits in 2026, driven by relentless global demand for AI chips. The world’s largest advanced‑chip manufacturer raised its full‑year outlook and said the Middle East conflict has not disrupted its supply chain or slowed investment in AI infrastructure.