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Netherlands dips into recession after strong COVID rebound

The Netherlands has hit the technical definition of a recession, suffering two quarters of contraction in a row. At the same time, the Dutch job market remains strong.

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18 Jun
New data shows Chinese economic growth slowing, with property investment in steep decline and youth unemployment at a record high. Also, the US Federal Reserve confirms its "hawkish pause" policy, keeping interest rates steady for now but planning for more hikes. Finally, economists name an unlikely culprit for persistent Swedish inflation: Beyoncé.
27 Jun
In 1953, a gigantic storm swept across the North Sea and caused a tidal wave in the Netherlands, Belgium and the UK. Many dykes controlling water levels were simply swept away as the water spread far inland. While more than 300 people died in the UK, more than 1,800 lost their lives in the Netherlands. At the time, around a fifth of the Netherlands was below sea level. More than 2,000 square kilometres of land were flooded there, including almost the entire province of Zeeland.
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According to the UN health agency, COVID-19 is still responsible for over 1,000 deaths a week in the European region. However, this can be an underestimation as many countries no longer maintain proper data.
5 Jul
A violent summer storm swept across the Netherlands, severely affecting air and train traffic. At least one person died in the town of Haarlem.
9 Jul
The Dutch government has decided to return some 478 highly valuable and culturally significant artworks, which had been looted during the Dutch colonial era.
7 Jul
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5 Aug
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6 Aug
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Consumer prices within China dropped by 0.3% year-on-year in July while Beijing also reported its steepest plunge in exports since the pandemic.
16 Aug
Officials in the Netherlands found €600 million ($661 million) worth of cocaine from Ecuador in containers alongside bananas. Rotterdam is one of the main ports for drug traffickers bringing the drug to Europe.
16 Aug
The Netherlands has hit the technical definition of a recession, suffering two quarters of contraction in a row. At the same time, the Dutch job market remains strong.
22 Aug
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