Ten months after regional elections, Brussels remains without a new government, creating a severe political crisis. The formation process is completely stalled due to disagreements between parties, particularly regarding the involvement of the N-VA party. This has led to a complete standstill on addressing crucial issues facing the region.
The lack of a government has exacerbated an already significant budget deficit, estimated at β¬1.6 billion. This is pushing the region's debt to unsustainable levels, projected to reach 240% of annual income. A credit rating downgrade from Standard & Poor's is imminent, further jeopardizing the region's financial stability. Daily delays in forming a government increase the deficit by approximately β¬4 million.
The ongoing political crisis is negatively impacting various aspects of public life:
Experts emphasize that the lack of a new government is hindering the implementation of necessary reforms to address systemic issues such as high administrative costs and inefficient organization. Tough decisions, such as halting costly projects like the new metro line, will be needed to resolve the financial crisis. However, the deeply fractured political landscape makes finding a solution challenging.