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Five Parties Agree on Budget Framework – Open VLD Holds Out

by Priya Shah – Business Editor

Belgian Budget Talks: Five Parties Reach Agreement, Open VLD Delays Decision

Brussels, Belgium – A important step forward in Belgium’s budget negotiations⁤ occurred today as five of the six major political ​parties reached an agreement on a proposed budget framework.The discussions, held⁣ at the Solvay library, saw representatives from MR, PS, Les Engagés,⁣ Groen, and Vooruit‍ converge to consider the proposal presented by formateur david Leisterh.

Leisterh and MR party chairman Georges-Louis Bouchez were the first to arrive at 2 p.m., initiating a series of bilateral meetings with ⁣other party leaders. Ahmed Laaouej (PS), Frédéric De Gucht (Open VLD), Elke van den Brandt (Groen), Christophe De Beukelaer⁣ (Les Engagés) – later joined by his party chairman​ Yvangstraete – and Ans persoons ‍(Vooruit)⁤ also participated ⁣in the⁢ discussions.

The core of the agreement centers around a projected budget shortfall. sources indicate that MR,PS,Les Engagés,Groen,and ​Vooruit have agreed on a starting point of a €1.5 billion deficit. However, Open VLD is seeking a more conservative estimate‍ of €1.2 billion.

Following‍ the bilateral⁢ meetings, a brief plenary session was held. Formateur Leisterh announced that a follow-up meeting is scheduled for Monday afternoon to continue the negotiations.

Open VLD has opted ​to consult its internal authorities before formally‍ endorsing ‍the⁣ framework,with a ⁣decision expected after deliberations on Saturday.

Context: Belgium has been navigating complex budget negotiations in recent months,⁤ aiming to address economic challenges and maintain fiscal stability. the formation of a new government and the approval of a budget are‌ crucial for the country’s economic outlook.

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