PoliticsNotableEmergingDeveloping
5.1
Belgium budget talks weigh scrapping salary car tax benefit, up to €5B savings
VRT NWSLO·BE·about 12 hours ago
Belgian PM Bart De Wever began bilateral budget discussions with deputy PMs, aiming to find ~€10 billion in savings to meet EU fiscal limits by 2029. The talks are at an early stage, with no concrete measures announced. Failure to act could raise interest rates and worsen public finances, making the outcome significant for Belgium's fiscal trajectory.