Business
AEX index continues record rally
The Amsterdam stock market hit a new record high on Friday as shares rose across Europe, driven by hopes for peace in the Middle East and major business news. Investor confidence surged after US President Donald Trump cancelled planned attacks on Iran and hinted at a weekend peace deal, while markets also rallied ahead of the historic stock market debut of Elon Musk's SpaceX. As the threat of a wider war eased, oil prices fell below 90 dollars a barrel, which dragged down oil giant Shell by 2 per cent but sent airline Air France-KLM soaring by 6 per cent due to cheaper fuel. Meanwhile, digital payment firm Adyen led the day's corporate gainers, jumping 4 per cent after announcing a 290 million euro takeover of American platform Orb.
Business
Budget deficit above EU norm
The Dutch central bank expects the government's budget deficit to breach the European Union's 3 per cent limit this year for the first time since 2020, reaching 3.3 per cent due to a one-off €8 billion military pension reform, high healthcare spending, and slowing economic growth caused by the war in the Middle East. Although the deficit is projected to drop to 2.6 per cent next year, the central bank has urged the government to exercise strict fiscal caution to maintain a financial cushion against future global shocks. To avoid further emergency austerity measures, the bank advises the coalition government to successfully implement its current financial agreements and suggests reviewing tax discounts for homeowners and self-employed workers, while hoping ministers can resolve disputes with trade unions currently striking over proposed cuts to unemployment and disability benefits.
Business
Middle East conflict weighs heavily on sectors
Ongoing conflict in the Middle East and the blockade of the Strait of Hormuz are dampening Dutch economic growth by inflating energy prices and disrupting global trade. While economists at Rabobank do not predict a full recession, they have downgraded overall growth forecasts to just 1 per cent this year and 0.8 per cent next year. Major sectors like manufacturing, construction, and transport are facing stagnation due to high fuel costs and falling investment, while inflation and tax rises squeeze consumer spending in retail and hospitality. Conversely, the technology and digital services sectors remain largely unaffected, continuing to grow strongly as businesses invest heavily in artificial intelligence and automation to boost productivity.
Elections 2026
Eindhoven’s new coalition unveils 2026–2030 city plan
The PRO, CDA, and D66 parties have launched their new coalition agreement for Eindhoven, aiming to balance rapid economic growth with residents' quality of life. The plan prioritises affordable housing, green spaces, and safe neighbourhoods over the next four years. By focusing on practical implementation, the coalition intends to ensure these changes are directly visible to everyone in the city.
Economy
Hospitality sector sees only modest lift from the World Cup crowds
Dutch hospitality businesses are seeing little additional revenue during the World Cup, according to industry group KHN. Interest may rise only if the Dutch team progresses further in the tournament, though some cafés are organising activities for matches with strong local fan bases. Earlier tournaments show only modest revenue peaks, with restaurants often seeing fewer visitors during games.
Business
Global disruptions push households towards fixed energy deals
Fixed energy contract rates in the Netherlands are now 13% higher than before the start of the Iran war, according to new figures from the Authority for Consumers & Markets (ACM). Variable tariffs have not yet risen, but many suppliers traditionally adjust prices on 1 July. Reduced oil and gas flows through the Strait of Hormuz have pushed up wholesale gas prices, while more Dutch households are opting for fixed‑rate contracts.
Community
Ksa warns of betting and advertising risks
The Dutch Gaming Authority (Ksa) expects a rise in sports betting and related advertising during the upcoming World Cup. While not inherently problematic, the regulator notes that major tournaments strongly attract young adults — a group more vulnerable to gambling addiction. The Ksa is launching a targeted awareness campaign and tightening supervision of gambling providers, particularly around advertising rules and the use of role models.
Mobility
NS to introduce line numbers across all train services
From 2027, all NS train routes will receive clear line numbers to make planning, travelling, and transferring smoother for passengers. The system will first be tested at Amersfoort Centraal next week, where travellers can share live feedback on how the new numbers appear in the NS app and on station displays.
