Bankruptcies surge, heatwave impacts yields
Get European news in your inbox daily
A short daily digest of the whole continent — or just the countries you care about.
Check your email. We've sent a confirmation link — click it to complete your subscription.
Belgian businesses are facing a significant increase in bankruptcies, with nearly 38% more companies failing in the past month, leading to over 3100 job losses, particularly affecting the hospitality sector. The ongoing heatwave has also severely impacted agricultural yields, with harvests producing substantially less than usual. The government is addressing these challenges, with the Minister of Agriculture outlining priorities for farmer and forest protection and climate change mitigation.
The Port of Antwerp-Bruges is under scrutiny for allegedly paying less tax for years due to a controversial VZW setup, though the port authority claims it is dismantling the organization. In royal news, Queen Mathilde's long-serving aide is stepping down after 25 years of service. Meanwhile, an Austrian researcher reported feeling frightened during a visit to the extensive archives of the PS party.
International coverage for Belgian media includes the devastating wildfires across southern Europe, prompting aid requests from France and Spain. Concerns are also raised about the growing power and control of Artificial Intelligence following an autonomous cyberattack. The EU has condemned new tariffs imposed by Donald Trump, with analysts suggesting the measures are based on old tactics. Additionally, a poll is expected to displease Donald Trump.