Bloomberg News

Belgium Seeks Extra 78 Million Euros for Budget, La Libre Says

July 07, 2012

Belgium’s federal government must find an extra 78 million euros ($96 million) for this year’s budget, La Libre reported, citing an interview with Budget Minister Olivier Chastel.

Belgium’s budget deficit is at 2.9 percent of gross domestic product, instead of the planned 2.8 percent, Chastel said. Any new spending must be compensated by savings, he said, according to the newspaper.

To contact the reporter on this story: Aoife White in Brussels at awhite62@bloomberg.net.

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net.


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