Wallonia approves €1.3B savings plan to balance budget by 2029

The Walloon government concluded a three-week budget conclave, agreeing on €1.3 billion in savings over three years to achieve a balanced budget by 2029. Key debates centered on family allowances (preserved), a 'job bonus' for low-income earners, and the APE scheme. The plan signals fiscal consolidation in a Belgian region, with potential implications for regional economic policy.