Transport Growth Hides Margin Pressure Paolo Maria Pavan What is the situation? Dutch transport revenue grew 4.4% in 2025, with bankruptcies down 26%. Yet business confidence is negative at -4.7.This divergence between subsectors is notable. Land transport ... Paolo Maria Pavan TODAY'S MARKET PULSE Mar 22, 2026
The labor market is shrinking permanently Paolo Maria Pavan What is the situation? In 2025, 806,000 people in the Netherlands were out of work due to illness or disability. Of these, 79%, about 661,000, expect never to return. Meanwhile, the truly available ta... Paolo Maria Pavan TODAY'S MARKET PULSE Mar 21, 2026
Unemployment up, hiring still tight Paolo Maria Pavan What is the situation? Unemployment in the Netherlands reached 4.1% in February 2026. This equals about 410,000 people. At the same time, 380,000 vacancies are available. That means there are 93 jobs ... Paolo Maria Pavan TODAY'S MARKET PULSE Mar 20, 2026
Dutch trade gap widens in January Paolo Maria Pavan What is the situation? Dutch imports rose 5.0% in January 2026, while exports increased only 1.1%. That means import growth was about 4.5 times faster than export growth.The signal is not export recov... Paolo Maria Pavan TODAY'S MARKET PULSE Mar 19, 2026
Dutch resilience is expensive when storage is empty Paolo Maria Pavan What is the situation? The Netherlands has a strong gas infrastructure, but a weak starting position. By 15 March 2026, Dutch gas storage had fallen to 7.4%, the lowest seasonal level since 2011 outsi... Paolo Maria Pavan TODAY'S MARKET PULSE Mar 18, 2026
Private credit stress reaches Dutch small business reality Paolo Maria Pavan What is the situation? A liquidity warning has appeared in private credit. BlackRock’s HPS Corporate Lending Fund capped quarterly withdrawals at 5% after investors asked to redeem 9.3% in Q1 2026. Bl... Paolo Maria Pavan TODAY'S MARKET PULSE Mar 17, 2026
