Fiscal gap increases to € 6 200 per household…and is not compensated by very high expenditures on social protection and health care 2
Belgium ranks second in comparisons of total fiscal burden (as % of GDP).
Belgium ranks second in comparisons of total fiscal burden (as % of GDP).
Marc De Vos offers six policy wishes for the election year 2014 and appeals for elected politicians who dare to make choices.
There has been a lot of turbulence in this country over the proposition of European commissioner Olli Rehn to let large depositors participate in the costs when a bank collapses. The guaranteed deposit system has to balance many different elements. Not taking this into account is dangerous.
Over the last years, public expenses have increased faster than the basis of the economy. Taking into account the high public debt and the problem of the ageing population, our country will more than ever need to apply more budgetary discipline.
A strong dynamic makes it ever more difficult to fund the EU-budget.
Prof. Bayenet presents the main characteristics of the current financing mechanisms as well as the main modifications resulting from the sixth state reform.
Prof. dr. Herman Matthijs proposes a deeper revision of the financial flows in Belgium. He presents new solutions and compares them to the current situation.
Cutting the link between the sovereign debt problem and the banking issue should be a priority. A European resolution fund for banks can lead to a breakthrough for the current stalemate. Also European supervision and a deposit insurance system is crucial.