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Belgium Must Find €7.7 Billion to Fix Budget Deficit
Belgian Finance Minister Van Peteghem says €7.7 billion is the minimum needed to meet EU fiscal rules by 2029, with the challenge growing after 2031.
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Belgian Finance Minister Van Peteghem says €7.7 billion is the minimum needed to meet EU fiscal rules by 2029, with the challenge growing after 2031.
Belgium's Court of Audit warns 15-20 billion euros are needed to reduce the budget deficit to the EU-mandated 3% threshold.
Belgium's deficit stabilizes at 5.2% as parliament votes on wage indexation caps and a court ruling upends the nation's sales period system.