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Open VLD Leader To Receive Invite To Lead Coalition Formation Talks
Leader of the Flemish liberal Open VLD party Egbert Lachaert is set to meet King Philippe at 1400CET (1300BST, 0800ET) to be invited to lead coalition talks to form a new federal gov't.
- Lachaert has set out plans to try to form a seven-party gov't involving liberal, socialist, and green parties from both French and Dutch-speaking communities, as well as the Dutch Christian democrats. The largest party in the federal Chamber of Representatives, the Flemish nationalist New Flemish Alliance, would not be included in the new gov't.
- There is a deadline of September 17 for negotiations to conclude, with the motion of confidence in the caretaker gov't of PM Sophie Wilmes expiring that day.
- Given that Belgium has been without an majority governing coalition since December 2018, the prospect of a coalition being formed in under two weeks may be overly optimistic.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.