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Budget

Brussels Tuesday 20 november 2012. left to Vice-Prime Minister and Minister of Economy, Consumer Affairs and the North Sea Johan Vande Lanotte (sp.a Flemish Socialists), Vice-Prime Minister and Foreign Minister Didier Reynders (MR French-speaking liberals), Belgian Prime Minister Elio Di Rupo, Vice-Prime Minister and Minister of Finance and Sustainable Development Steven Vanackere (CD&V Flemish christian democrats), attending a news conference following marathon talks on the 2013 Belgian budget in Brussels November 20, 2012. Belgium's government agreed on Tuesday to rein in its budget deficit further in 2013 and take measures including a cap on wage hikes to improve its competitiveness. After five weeks of talks, including a final push of 16 hours, ministers emerged from Prime Minister Di Rupo's residence to announce tax hikes and savings to cut the deficit to 2.15 percent of GDP from 2.8 percent this year.

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20121120 Budget for Belgium, Elio Di Rupo
Brussels Tuesday 20 november 2012. left to Vice-Prime Minister and Minister of Economy, Consumer Affairs and the North Sea Johan Vande Lanotte (sp.a Flemish Socialists), Vice-Prime Minister and Foreign Minister Didier Reynders (MR French-speaking liberals), Belgian Prime Minister Elio Di Rupo, Vice-Prime Minister and Minister of Finance and Sustainable Development Steven Vanackere (CD&V Flemish christian democrats), attending a news conference following marathon talks on the 2013 Belgian budget in Brussels November 20, 2012. Belgium's government agreed on Tuesday to rein in its budget deficit further in 2013 and take measures including a cap on wage hikes to improve its competitiveness. After five weeks of talks, including a final push of 16 hours, ministers emerged from Prime Minister Di Rupo's residence to announce tax hikes and savings to cut the deficit to 2.15 percent of GDP from 2.8 percent this year.