Belgium Faces 10 Billion Budget Gap as Bond Rates Surge
Belgium's De Wever government must find 10 billion euros by 2029 as bond rates hit 12-year highs, squeezing the coalition's fiscal plans.
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Belgium's De Wever government must find 10 billion euros by 2029 as bond rates hit 12-year highs, squeezing the coalition's fiscal plans.
Les Engagés' Verougstraete says Belgium's government must not fall as the Arizona coalition faces a critical budget conclave.
Belgium's 10-year bond yield exceeds 3.8%, the highest since 2012, as rising interest costs pressure an already strained federal budget and public debt.
The Family League urges Belgium's FWB government to boost per-student school supply funding, citing a 73-euro gap between allocations and costs.
Over 200 maritime pilots demand €16-18 million from the Flemish government in back seniority pay, creating a significant budget setback.
Analysis reveals 46% of Belgium's Arizona coalition budget savings come from social security cuts, while deficit reduction targets remain far off.
The House Budget Committee voted 20-14 to advance a $95 billion budget resolution funding the Iran war, farm aid, and voter ID requirements.
Belgium launches a public Federal Subsidy Register tracking €180 billion in allocations, targeting €200M in savings from ineffective subsidies by 2029.
A RIZIV study proposes a 500-euro patient deductible to save 4.7 billion euros, sparking political debate in Belgium's coalition government.
Belgian PM Bart De Wever's government sets €10 billion budget savings target by mid-October, exceeding the €7.7 billion EU minimum.
PS leader Paul Magnette denounces Belgium's soaring deficit as a 'gigantic budgetary black hole' and proposes a €15B alternative to austerity.
A Belgian wealth tax proposal targeting the top 5% has ignited a fierce political battle, with experts arguing it reveals two deeper injustices.
Belgium's Chamber of Representatives approves the 2026 budget adjustment, a technical fix that sets the stage for tough multi-year fiscal negotiations.
Molenbeek-Saint-Jean presents a 'truth budget' with a €312,000 deficit, 40 layoffs, and reduced bonuses as the Brussels commune faces financial pressures.
Belgian Budget Minister Van Peteghem warns the €7 billion budget exercise is insufficient, as deficit projections worsen and coalition divisions deepen.
Christie Morreale of Belgium's Socialist Party criticizes the Walloon budget adjustment, arguing savings can be made without harming citizens.
Conner Rousseau argues tax relief should target lower and middle incomes only, as Belgium faces a budget deficit of at least 7 billion euros.
Belgium's Anders party unveils a €16.7B austerity plan targeting healthcare, civil service, and regional debt to address the federal budget deficit.
The PS accuses Wallonia's government of adding €820M to regional debt. A fact-check reveals both sides have valid points in a complex fiscal debate.
Brussels approves Pillar 1 of administration reform, consolidating support services to save up to 300 million euros by 2029.
Belgium's Arizona coalition unveils a €6.7 billion savings plan by 2029, with measures on salary indexation, pensions, energy taxes, and air travel.
Five MR board members resign from RTBF amid governance tensions, while budget ministers say July 21 is not a hard deadline for Belgium's federal budget.
Budget Minister Van Peteghem rejects MR chairman Bouchez's conclave idea, exposing coalition tensions amid Belgium's austerity drive.
The 2026 National Budget Survey reveals 40% of Walloons prioritize tax cuts while demanding more state spending, challenging Belgium's austerity plans.
President Trump pledged to house 6,000 homeless veterans at the West LA VA campus, but his FY2027 budget allocated zero dollars for new housing beds.
CD&V chairman Sammy Mahdi criticizes coalition partners over the centenindex and outlines a plan to find €7 billion in budget savings.