A few moment ago the PS (Parti Socialiste), the largest political party in the upcoming Belgium federal government has announced that they will not approve any of the budget cuts proposed by Europe.
Meaning literally that in order to meet the EU budget rules taxes will have to go up. This is something what the majority of the Flemish population doesn't want, with no Flemish majority in the upcoming goverment (due to forced exit NVA and release of the Green parties), little to nothing will be done to stop the first Walloon PM in 30-40 years to rise taxes to 60-70% of the income.
The argument of the PS is, that they are not willing to make the budget cuts that could endanger the social security of the citizens now or in the future.
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