Tuesday 21 March 2023

Dutch winemaking comes of age as warmer summers boost production

Dutch winemaking comes of age as warmer summers boost production

The 165 winemakers in the Netherlands produced some 3,600 liters more wine per hectare in 2022 than in the year before, figures published by winemakers association VNWP have shown. The surge in production – resulting in 1.3 million bottles of wine –  was largely down to the record number of sun hours this summer, VNWP spokeswoman Manon de Boer told the NRC. Climate change is not the only reason Dutch wine is doing well, De Boer said. Farmers who were... More >

Airlines in court over Schiphol flights

A group of airlines, including KLM, Corendon, easyJet and tour operator TUI are taking the Dutch government to court on Tuesday to challenge its decision to cut flight movements at Schiphol airport. The airlines say they are confident they can reduce noise levels and CO2 emissions ‘while maintaining a network of destinations for the millions of passengers and tonnes of cargo they carry annually to and from Schiphol’. The government has said it will reduce Schiphol’s capacity from 500,000 to... More >

NL to host Nato technology innovation fund

Nato will base a new innovation fund to invest in start-up businesses in the Netherlands, the military alliance has confirmed. Nato member countries have committed €1 billion to the fund, which was announced at a summit in June last year. It is expected to focus on developing advanced technologies that can be used for military purposes, including AI, biotechnology and space exploration. The Financieele Dagblad quoted Nato sources saying Amsterdam was the preferred location for the fund’s headquarters, but no... More >

Banks, insurers fail to pass climate test

Plans to combat climate change drawn up by some of the Netherlands’ biggest financial institutions are of ‘insufficient quality’ to show they are on target to meet Paris agreements, according to a new report by fair finance lobby group Eerlijke Geldwijzer. Researchers looked at the plans drawn up by the 10 biggest financial groups,  including banks, insurance companies and pension funds, to see what contribution they would make to reducing global warming to 1.5 Celsius. None of the 10 scored... More >

China threatens repercussions over ASML

Further Dutch restrictions on chip technology exports will damage trade relations between China and the Netherlands and repercussions will follow,  the Chinese ambassador to the Netherlands has warned. Foreign trade minister Liesje Schreinemacher told MPs in a briefing two weeks ago that the decision to restrict ASML exports was taken on ‘international and national security grounds’ to ensure sensitive technologies do not end up in the wrong hands. In an interview with the Financieele Dagblad, Chinese ambassador to the Netherlands... More >

Fresh vegetables drive up food prices

Food was 18.4% more expensive in February than a year ago, national statistics agency CBS said in revised inflation figures on Tuesday. Clothing too was up almost 12% in price while fuel and energy was cheaper than in February 2022, the CBS said. The overall inflation figure for February is unchanged from earlier estimates at 8%. The CBS said the rising cost of fresh vegetables was the motor behind the increase in food prices, which were responsible for 2.2 percentage... More >