The Canada Brief

World · 15 h ago

Belgian prime minister offers to resign as budget talks collapse

Bart De Wever handed his resignation to King Philippe on Monday. The king has not said whether he accepts it and is meeting the five coalition party leaders.

Extra savings sought

10 billion euros

Talks failed over a further 10 billion euros in savings, through spending cuts or tax increases, to 2029.

What we know

  • Deficit above 5% of GDP
  • Debt just over 110% of GDP

Not yet

  • Will the king accept the resignation?
  • Friday: new audience with De Wever

Belgium's deficit is above 5 per cent of GDP and its debt just over 110 per cent, and the king warned against a prolonged political crisis.