Economy

ING and ABN AMRO red below AEX, Deutsche Bank falls

ING and ABN AMRO red below AEX, Deutsche Bank falls

Banks ING and ABN AMRO were at the bottom of the AEX index on Friday, showing significant losses. Other European banks were again hit hard, with Deutsche Bank in particular under fire. Investors were concerned about the stability of the financial sector after earlier problems at US banks and the bailout of ailing Credit Suisse. ING and ABN AMRO fell …

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Minister Cocke sees setback ahead of spring memorial

Minister Cocke sees setback ahead of spring memorial

Photo: ANP The debate on the spring commemoration will begin next week in the Cabinet. Minister Sigrid Kak (Finance) will then address the ministers on the current budget. He said he mainly saw the backlash on Friday. “We live in very uncertain times.” De Nederlandsche Bank (DNB) president Klaus Knott warned this week that the budget deficit is too high. …

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Current funding for Ukraine should last year-round – Blinken

Current funding for Ukraine should last year-round – Blinken

US Secretary of State Anthony Blinken assured members of Congress on Thursday that the billions of dollars already approved for Ukraine would last through the year, stressing that steps had been taken to ensure the funds were well spent. “We have 45 people at our embassy in Ukraine to oversee the spending of these funds,” Blinken told the House Appropriations …

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‘There is no reason to operate a bank in the Netherlands’

‘There is no reason to operate a bank in the Netherlands’

Economy•23 Mar ’23 at 16:24Author of the book: PNR Web Editor Topman Klaas Knot of De Nederlandsche Bank (DNB) does not expect a major banking crisis in the Netherlands. “The underlying causes of the problems at banks in the US and at Credit Suisse are not happening at Dutch banks,” Knott says in a conversation with BNR. The banking crisis …

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Vinyl lovers beware! Today is Record Store Day in The Hague

Vinyl lovers beware!  Today is Record Store Day in The Hague

How many people do you know who live with a record player? Probably a lot, because the LP is so popular. If you’re one of those enthusiasts, you should block Saturday, April 22 on your agenda. Then there’s Record Store Day. Advertisement Loading… During Record Store Day, you can visit various record stores in The Hague for a fun event. …

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Topman Punk sees the benefits of the crisis situation mainly around banks

Topman Punk sees the benefits of the crisis situation mainly around banks

The uncertainty surrounding the banking sector and rising interest rates are not bad for bunq online banking, says Ali Nighnam, founder and chief executive. The company was able to turn a profit at the end of last year and therefore was not looking for external lenders who were increasingly drawn into their shells due to the crisis situation. In addition, …

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The Dutch tax authorities are our ‘friend’ and ‘friend’.

The Dutch tax authorities are our ‘friend’ and ‘friend’.

Mark McCann of the European Parliament Committee.Image by AFP MacGann, Uber’s top lobbyist from 2014 to 2016, shared more than 100,000 documents with international media last year. The ‘Uber Files’ show, among other things, how the taxi company broke the law and maintained close ties with politicians in an attempt to change these rules. The Netherlands plays an important role, …

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New York stocks gain after banking sector relief

New York stocks gain after banking sector relief

Stock markets in New York ended with significant gains on Tuesday, as smaller banks in particular showed a recovery after earlier concerns about their financial stability. For example, First Republic shares rose 30 percent after investor concerns faded somewhat into the background. After the bankruptcy of two medium-sized banks in the United States, First Republic lost a lot of value. …

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Cabinet calls on officials to remove TikTok from their phones

Cabinet calls on officials to remove TikTok from their phones

The urgent call comes from Secretary of State for Digital Affairs Alexandra van Haflen, who does not want spying apps on civil servants’ phones. According to AIVD, China is engaged in an ‘offensive cyber project’ against the Netherlands. Belgium and the European Union have banned their officials from using TikTok, and the U.S. already did so last year. The U.S. …

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