Belgium eyes welfare cuts to meet NATO target – minister
Government
The EU country will struggle to meet the higher military spending levels pushed by the US, the budget minister has told FT Belgium is preparing to raise debt and cut welfare to meet NATO’s minimum military spending target, the EU country’s budget minister has said. Vincent Van Peteghem told the Financial Times on Wednesday that Brussels recently agreed to lift its 2025 military budget to 2% of GDP through a mix of temporary cash injections, creative accounting, and structural reforms. The
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