Belgium scrambles to reach Nato defence spending goal

Belgium warns defense spending boost will hurt welfare state

“Defense definitely requires our full attention, but so does also the sustainability of our welfare state,” says Budget Minister Vincent Van Peteghem.

Belgium scrambles to reach Nato defence spending goal

Budget minister says country will meet this year’s target but an increase will take its toll on welfare system

Belgium eyes welfare cuts to meet NATO target – minister

RT | April 16, 2025 Belgium is preparing to raise debt and cut welfare to meet NATO’s minimum military spending target, the EU country’s budget minister has said. Vincent Van Peteghem told the Financial Times on Wednesday that Brussels recently agreed to lift its 2025 military budget to 2% of GDP through a mix of temporary cash injections, creative accounting, and structural reforms. The planned hike in military spending could exacerbate the bud…

Belgium faces a significant challenge in trying to meet the US-driven NATO military spending target of 2% of GDP. Budget Minister Vincent Van Peteghem announced that the country will increase debt and cut social assistance to achieve this goal. To maintain the required percentage level, the government plans to increase debt and could privatize state assets. The remaining deficit would be covered by spending cuts, including the reduction of unemp…

Belgium eyes welfare cuts to meet NATO target – minister - The Press United | International News Analysis, Viewpoint

The EU country will struggle to meet the higher military spending levels pushed by the US, the budget minister has told FT Belgium is preparing to raise debt and cut welfare to meet NATO’s minimum military spending target, the EU country’s budget minister has said. Vincent Van Peteghem told the Financial Times on Wednesday that […] The post Belgium eyes welfare cuts to meet NATO target – minister appeared first on The Press United | Internationa…