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Brussels raises transport fares and launches renovation loans

The Brussels government has settled on a budget for 2027, balancing the introduction of interest-free home renovation loans against a price hike for public transport tickets. Regional leaders also plan a new circulation tax and further housing reforms, ending a period of deadlock that had left the capital's fiscal direction in doubt.

At the federal level, Bart De Wever is attempting to hold a coalition together while finding 10 billion euros in savings. His current proposals include a major VAT overhaul and potential cuts to healthcare subsidies for vulnerable patients, an approach that has left the gap between governing partners as wide as it was before the weekend.

Domestic debates have also turned toward the power grid, as data centers are projected to triple their electricity consumption by 2035. Critics from both ends of the political spectrum are questioning why Belgian green energy is being reserved for American tech firms while households face the prospect of a tighter supply.

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Brussels Government Reaches Budget Agreement

The Brussels government has finalized its budget agreement for 2027, which includes measures such as offering 0% interest loans for renovations and an increase in the price of Stib public transport tickets. This agreement resolves previous discussions that had reached a stalemate.

Federal and Flemish Budget Challenges Continue

The federal government, under Prime Minister Bart De Wever, is reportedly considering budget cuts that could specifically affect vulnerable patients known as BIMs. Meanwhile, the Flemish government continues to face challenges over austerity measures, with discussions highlighting generational perspectives on the impact of these policies. Prime Minister De Wever has also proposed a significant VAT reform ahead of budget discussions.

Green Electricity Use by Datacenters Raises Concerns

There are growing concerns in Belgium regarding the allocation of green electricity, as datacenters currently consume 4% of the country's electricity, a figure projected to triple by 2035. This raises questions about whether this energy could be better utilized for industry and households.

Red Devils Squad Changes

Malick Fofana, a winger for Premier League club Sunderland, and Koni De Winter, a centre-back for Serie A club AC Milan, will not be included in the Belgian national team, the Red Devils', squad for their upcoming match against France in Paris.

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