Belgian Prime Minister Resigns Over Budget Impasse

Belgian Prime Minister Bart De Wever has tendered his resignation to King Philippe following his five-party coalition's failure to agree on the 2027 budget, which faces a €10 billion shortfall. The King has postponed a decision and initiated consultations with coalition leaders. This political instability, driven by fiscal disagreements, could lead to a new government formation or snap elections, impacting Belgium's economic outlook and governance.