Europe sees a shortage on budget this year much higher
© Belga
After the Court of Audit on Friday, the European Commission now also comes with bad news about the budget. This year the deficit would rise to 5.4 percent of GDP, good for around 33 billion euros.
The spring stocks that the European Commission announced on Monday do not look sunny. While the deficit last year for the entire country was 4.5 percent of GDP, it will already be 5.4 percent this year. That is considerably more than that Arizona took into account. And although according to Europe the reforms of the federal government in 2026, it will not prevent the deficit from getting any further up to 5.5 percent. Cause? The economy that Slabakt, among other things because of the trade war that the US started. But the aging costs and the higher interest charges are also detrimental.
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Whether our country will have four or seven years to get the budget in order, must be today (Tuesday, ed.) to turn out. By the way, it was not only bad budgetary news that came from Europe on Monday. The European Commission also announced that Belgium will have 1 billion euros in relation fees. This is the second disk of the 5.4 billion that is foreseen, but to which Europe linked a number of conditions. Such as a fully -fledged pension reform. It will come with Arizona now. (Fem)