Belgium now has one of the highest fiscal deficits in the euro zone, matching France, according to a statement by Governor Pierre Wunsch of the National Bank. In a recent interview with RTL, Wunsch warned that without combined efforts to reduce spending and increase revenues, the country would be unable to manage a forthcoming crisis. He emphasized the need for coordinated fiscal policy reforms to address the deficit. The governor’s remarks come amid growing concerns about Belgium’s fiscal sustainability. No further details were provided in the interview. The National Bank remains available for further information. The interview highlighted the importance of timely action and the role of the National Bank in monitoring fiscal developments.
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