Belgian Prime Minister resigns after failed budget negotiations
De Wever and his ministers failed to reach a budget agreement, leading to his resignation. The Belgian government aimed for significant savings but missed the deadline, causing rising interest rates on state loans. Belgium's budget deficit exceeded 5% last year, with debt over 100% of GDP, violating EU rules. The chances for a breakthrough were slim, and King Filip interrupted his vacation for the resignation. It's unclear if elections will follow, but a new government could be formed based on previous election dynamics.