Belgian budget talks collapse, straining centre-right coalition

Belgian budget talks collapse, straining centre-right coalition
 

Talks over Belgium's budget collapsed early on Tuesday, forcing Belgian Prime Minister Charles Michel to postpone his planned annual address before parliament and straining his centre-right coalition.
The talks failed when one of four parties in Michel's government, the Flemish Christian Democrats which have significant union backing, demanded the introduction of a capital gains tax which the three other parties in the government opposed.
Belgium's federal government, which has for years been trying to produce a balanced budget, is expected to run a deficit of about 2.8 percent this year,... read more

 
11 October 2016 in World News, Views: 32
Source: Reuters
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