Belgian cabinet reconvenes at 3 p.m. to resume budget negotiations
The federal government met at 15:00 to restart budget talks, with the prime minister briefing the National Bank governor and the debt agency chief on Belgium’s fiscal outlook.
Prime Minister De Wever called a core meeting of his ministers, inviting the governor of the National Bank and the director of the Debt Agency to present the country’s financial situation, warning of an accelerated debt snowball effect. Moody’s reaffirmed Belgium’s A1 rating on Saturday. The premier also shared an updated budget table with coalition partners and urged all majority factions to act responsibly as the fiscal picture worsens.
Why it matters
The meeting signals a push to address Belgium’s mounting debt and to align the coalition on urgent budget reforms.
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