The Belgian Prime Minister submitted his resignation after the government failed to agree on the budget.
Belgian Prime Minister Bart De Wever submitted his resignation to King Philippe after failing to reach an agreement on the 2027 federal budget. The cabinet meeting aimed at addressing a €10 billion deficit ended without consensus. Belgium's national debt exceeds €735 billion, surpassing 110% of its GDP, while EU rules allow a maximum of 60%. The government needs to save €10 billion to comply with EU spending limits. The coalition's two Walloon parties proposed an €8 billion adjustment instead, which De Wever rejected. He warned that failure to agree could harm Belgium's credit rating. King Philippe may reject or consider the resignation and initiate broader discussions with political parties, potentially leading to new elections if accepted.