Brussels, 01/07/2013 (Agence Europe) - Warned by the European Commission to cut its public deficit to 2.7% of GDP this year, the Belgian government agreed on new savings in the 2013 budget on Sunday 30 June to the tune of €750 million (see EUROPE 10855).
Belgian Prime Minister Elio Di Rupo said it was a good, balanced agreement that combined affordable savings, fair new income and support for SMEs. The €750 million worth of savings include a safety margin of some €200 million.
The...