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IMF signals fiscal adjustment remains necessary despite debt costs
La RepúblicaLO·1 day ago
The Flemish government has imposed €47 million in savings on the cultural sector as part of its 2026 budget, drawing criticism from opposition parties and disappointment from the sector. Culture Minister Caroline Gennez acknowledged the cuts were painful but necessary, signaling a shift toward fiscal consolidation in the region. The move reflects broader budgetary pressures within Belgium's devolved governments.