We sighed a collective sigh of relief when the Belgian government finally reached the budget agreement last week. The negotiations had been really difficult, which is not surprising considering the challenges the government faces: €8 billion had to be found somewhere to keep Belgium’s debt at an acceptable level (acceptable as in not driving us Belgians straight to bankruptcy).
The relief was short-lived however, as details of some of the budgetary measures were released. One measure that has Belgian employers scratching their heads is the government’s decision that automatic wage indexation will not be fully implemented on two occasions during this legislative period.




