News

EU finalises strategic roadmap to boost economic competitiveness

The European Union has signed a strategic roadmap to bolster its global competitiveness by simplifying internal market rules and reducing red tape. The agreement sets a clear timeline through 2027 for the European Commission to propose new laws, such as the "EU Inc." initiative to ease cross-border business and measures to lower energy prices. By committing to fast-track these proposals, member states and the European Parliament aim to create a more efficient trading environment that fosters economic growth across the 27 nations.

Aartsen withdraws proposed welfare benefit cuts

The Dutch government has reversed a controversial plan to cut social security outreach services, which would have saved €30 million by reducing efforts to help eligible citizens claim their benefits. Following intense criticism from the National Ombudsman and several political parties, Minister Thierry Aartsen abandoned the cuts to ensure vulnerable people do not fall below the subsistence minimum. To compensate for the financial shortfall, the government will instead lower the income threshold for child budget payments starting in 2027, meaning higher-earning parents will receive less support.

Jetten calls for stronger European presence in Middle East conflicts

Prime Minister Rob Jetten has warned that Europe is being sidelined in Middle East diplomacy, urging the EU to take a more decisive stand in regional conflicts. Speaking ahead of a summit in Cyprus, Jetten proposed abolishing national vetoes to allow for faster collective action and called for stronger economic and military ties with neighbours like Lebanon and Syria. By providing more coordinated aid and building closer friendships, he believes Europe can help reduce regional tensions and better manage the resulting migration flows that directly impact the continent.

EU-US Critical Minerals Deal Signing Friday

The European Union and the United States are set to sign a preliminary agreement this Friday to strengthen cooperation on critical minerals, which are essential for manufacturing products like smartphones and electric car batteries. Aimed at reducing a heavy global reliance on Chinese supplies, the deal between European Trade Commissioner Maroš Šefčovič and US Secretary of State Marco Rubio is expected to include incentives like minimum price guarantees. By supporting non-Chinese suppliers, the partnership seeks to secure more resilient supply chains for these vital raw materials.

Average retirement age in the Netherlands rises

The average retirement age in the Netherlands has risen to 66 years and 4 months, with more people now retiring at the full state pension age of 67.

Pension funds ABP and PME retain buffer

Pension funds ABP and PME weathered a turbulent first quarter due to Middle East unrest, with slightly weaker funding ratios but still solid buffers that keep pension increases in sight under the new system.

ING expects sharp drop in eurozone trade

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.

Record number of major train disruptions in 2025

The number of major train disruptions in the Netherlands reached a record 586 in 2025, surpassing the government‑set maximum for the first time.