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EUROPEAN FISCAL: Belgium Deficit Expected To Rise To E29.4bln in 2025 - De Tijd

EUROPEAN FISCAL

De Tijd has reported that Belgium is seen running a E29.4bln budget deficit in 2025, due to increased social security and defence spending. The 2029 deficit (at current spending patterns) is expected at E46.5bln.

  • The full article can be found here: https://www.tijd.be/politiek-economie/belgie/algemeen/begrotingstekort-loopt-op-tot-29-4-miljard-in-2025/10555934.html
  • A reminder that Belgium was one of the EU states recommended for an Excessive Deficit Procedure in the EC’s Spring Package. In 2023, the Belgian General Government Budget deficit was E26.0bln (4.4% of GDP).
  • Our Policy Team’s latest piece on the European Fiscal situation is here: https://marketnews.com/mni-policy-eu-states-to-choose-easier-7-year-fiscal-plans

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