Belgian PM to determine govt future in meeting with king
Bart De Wever has offered his resignation to King Philippe, who is consulting coalition leaders before meeting the Belgian prime minister again.
Belgian Prime Minister Bart De Wever is expected to meet the king on Friday to determine his future in office following the collapse of budget negotiations. De Wever offered his resignation during a 90-minute meeting with King Philippe on Monday. The monarch will consider De Wever's resignation and consult with coalition partners.
De Wever hinted at staying in office, aiming to prioritize financial stability and responsibility in the government. Belgium needs to find €10 billion to stabilize its finances, with parties divided on whether budget cuts or tax increases are required. The crisis has led to rising interest rates on government bonds of Belgium and other European countries with weak finances.
The European Commission predicts Belgium's debt-to-GDP ratio will be 110.5% for the year, the highest among eurozone countries.
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