Vincent Van Peteghem

Proposals to Force Banks to Raise Savings Interest Rates

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Proposals to Force Banks to Raise Savings Interest Rates

The Voice Test © Fred Debrock It worries many savers: although the banks are making huge profits, they are barely raising interest on savings accounts. Most political parties want to force the banks to raise interest rates, according to De Votetest, although one party is against it. The banks made billions in profits last year. … Read more

Debt Agency to Issue 1-Year and 3-Year Government Bonds with Reduced Withholding Tax Rate: Registration Dates and Details Announced

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Debt Agency to Issue 1-Year and 3-Year Government Bonds with Reduced Withholding Tax Rate: Registration Dates and Details Announced

The Debt Agency will issue two government bonds on March 4, one for 1 year and one for 3 years. The agency wants to limit the amount raised to 6 billion euros and can close the registration for these government bonds early, it announced in a press release on Tuesday. The Agency has proposed to … Read more

Budget: Van Peteghem curbs the skimming of excess profits

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CD&V Deputy Prime Minister Vincent Van Peteghem wants to go far less in skimming excess profits in the energy sector than the proposal presented by Energy Minister Tinne Van der Straeten (Groen). “If we put something on the table, it can’t be destroyed by a court two months later,” he said Saturday before the federal … Read more

Government cancels VAT reduction for bicycles because of ‘too expensive’

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The VAT on bicycles and electric bicycles will not be reduced to 6 percent after all. The government finds the measure too expensive. Last month, excise duties on diesel and petrol were significantly reduced. – In order to encourage more people to opt for the bicycle as a means of transport, the Chamber approved in … Read more

Finally some plasters for the energy bill: this is on the table to reduce costs

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– To lower prices at the pump, a negative cliquet system is on the table. With this system, the extra excise duties are skimmed off to mitigate price increases. — © reuters – With the water on the lips, the taboos are broken. Now the liberals are also in favor of a VAT reduction on … Read more

From “farmer cheating” to “no real social policy”: government drags itself to agreement on energy bill

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– Finance Minister Vincent Van Peteghem, Energy Minister Tinne Van der Straeten, Prime Minister De Croo. — ©  rr – Energy Minister Tinne Van der Straeten (Green) only wants to reduce the VAT on electricity. She would leave the gas-fired one untouched for ecological reasons. With this proposal, she hopes to bridge the gap between … Read more

Up to 660 euros discount on energy bill due to VAT reduction

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– © MARC HERREMANS – MEDIA HOUSE – The liberals are also dissolving their opposition to a VAT reduction on energy. If the government reduces the VAT on gas and electricity from 21 to 6 percent, the average family will see the annual bill decrease by about 508 to 664 euros. Although there is also … Read more

While consumers see energy bills rise, they become rich while sleeping

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– ©  Shutterstock – While consumers saw their energy bill rise from almost 2,300 to more than 5,300 euros in just a few years, there are also those who profit from the sharply increased electricity and gas prices. So much so that federal energy watchdog Creg has opened an investigation into exceptional profit margins in … Read more

Government targets billions in profit from Engie to reduce energy bills, but is that possible?

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– © MARC HERREMANS – MEDIA HOUSE – By the end of this week, the federal government wants to come up with a package of measures to reduce energy bills. On the table are, among other things, a one-off premium of 200 euros and the reduction of excise duty and VAT. To get that paid, … Read more