Business Updates - Action Planner
Tax-News.com: Belgium Warned Of Further Austerity Ahead
Published Date: 18th May 2012
Tax-News.com: Belgium’s Federal Planning Bureau, providing economic analyses and forecasts for the government, has recently announced that if Belgium is to limit its public deficit to 2.15% of gross domestic product (GDP) in 2013 and to re-establish a balanced budget in 2015, in line with its targets, new measures totalling around EUR11bn (USD14bn) will be necessary, of which EUR3bn from next year.
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