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City of Amsterdam history
City of Amsterdam company history timeline
During the period 1795-1813 Amsterdam suffered badly from the economic recession, a state of affairs reflected by the stagnation of the demographic development.
Both were good news for international business, and so was the relaxation of tariffs and restrictions on trade with the Dutch East Indies (today Indonesia). The year 1870 also brought the first rough diamond from South Africa; the city's already world famous diamond industry expanded apace.
The turnaround came after 1870 with the opening of another canal, Suez, and German unification under Bismarck.
And in 1876, the North Sea Canal gave Amsterdam a direct link with the sea.
And the starvation winter of 1944/45, killed more.
The summer of 1945 is fondly known as the “Canadian summer” in the Netherlands because of the Canadian military presence in the country following the war.
The winning of the title in the European Championship in 1988, after the Russian team was defeated in the final, led to an unbridled revelry in Amsterdam.
When Ajax or the Dutch national team scores another victory - as in the 1988 European Championship - Amsterdam celebrates until the early hours.
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