Belgian PM reverses on budget: drops 4B emergency plan for 10B multi-year package

Belgian Prime Minister Bart De Wever reversed his position on Saturday, abandoning his insistence on a 4 billion euro emergency budget package by year-end in favor of a multi-year plan totaling 10 billion euros. The volte-face follows internal coalition pressure and raises questions about De Wever's control over the government's fiscal agenda. The shift signals a more gradual consolidation path, potentially easing near-term austerity concerns but prolonging fiscal adjustment.