www.g4media.ro/prim-ministrul-belgiei-s-a-prezenta
Belgium's Prime Minister Bart De Wever submitted his resignation to King Philippe after failed budget negotiations. The government needs to save €10 billion to meet EU spending limits. Last year's budget deficit was 5%, exceeding the EU's 3% cap. Belgium's public debt exceeds €735 billion, over 110% of its GDP. Rising interest rates on government bonds are a consequence of the budget impasse. If the king accepts the resignation, new elections will be called, but he may also refuse or delay it.