On the eve of the Belgian national holiday key ministers in the federal government last night reached agreement on what is being labelled the ‘Summer Accord’. Reforming the tax and pension systems as well as the labour market it is being described as the “Biggest socio-economic reform of the century”
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Belgian government reaches an agreement on tax, pensions and labour market reforms
Colin Clapson
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Prime Minister Bart De Wever (Flemish nationalist), who heads a 5-way coalition of Flemish nationalists, Christian democrats and socialists and Francophone liberals and centrists, has expressed his satisfaction.
"The decisions we took last night are the biggest socio-economic reform this country has seen this century" he told a press conference this morning
"Just listing all that has been decided takes an hour. Not all the measures are pleasant, I realise that too. Certainly as far as pensions are concerned, a number of benefit systems are being phased out but very gradually. I understand that this is not pleasant. But I think everyone realises that this had to happen."
