US EditionBelgian Budget Breakthrough: Coalition Reaches Agreement Amid Strikes
5 Articles
5 Articles
A few weeks ago, the budget talks were still deadlocked, but suddenly, yesterday, an agreement was reached. How did it all happen so quickly? Who are the winners and losers? And have the government's most difficult obstacles now been overcome?
A comment by François Mathieu This "surprise" budgetary agreement at the end of November, it sounds a bit like an upset victory: we drink without...
Austerity: The Belgian government must cut nearly 10 billion euros, but the five coalition parties could not agree on which items…
Belgian Budget Breakthrough: Coalition Reaches Agreement Amid Strikes
The Belgian government has reached a budget agreement after long negotiations. Prime Minister Bart De Wever's coalition devised a plan involving tax hikes and spending cuts to reduce the deficit by 9.2 billion euros by 2029. This comes as a national strike protesting pension reforms begins.
15:36 The budget agreement will reduce Belgium's budget deficit to 4 to 4.5 percent of gross domestic product, but the government's debt ratio will continue to rise, says Peter Vande...
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