Business
Hospitality doesn’t have a VAT problem. It has a profitability problem
Every few years, the hospitality industry returns to the same debate: reduce VAT, cut tax and save restaurants. A lower rate of VAT would undoubtedly help many businesses, but after operating…
Belgium Local News
Latest Business
Brexit Dossier Reveals 2,000 Negative Impacts, Sparking EU Membership Reevaluation Calls
Citizen journalists have compiled a dossier that contains over 2,000 examples, including in the tourism and travel sectors, of the…
Average salaries and income disparities in Belgium
Belgium (The Brussels Morning Newspaper): In 2022, Belgium's usual monthly income for full-time workers was €4,076, with a median of…
Brussels Property Prices Surge Amid Rising Interest Rates
Brussels (The Brussels Morning Newspaper): Brussels is Belgium's priciest housing market, with average house prices at €1.1 million. Despite a…
Excellence Fund Boosts Technical Student Competitions
Belgium (The Brussels Morning Newspaper): The Excellence Fund, initiated by Minister Ben Wets, supports technical and vocational students through competitions.…
Belgium Faces Funding Delay Over Pension Reform Issues
Belgium (The Brussels Morning Newspaper): Belgium requested €974 million in recovery funds but still needs €658 million due to unmet…
Young Adults Face Unprecedented Housing Affordability Crisis
Belgium (The Brussels Morning Newspaper): Young adults face the toughest economic challenges since 2008, with rising housing costs forcing them…
Brussels Faces Financial Struggles Amid Rising Pension Costs
Brussels (The Brussels Morning Newspaper): Belfius highlights Brussels local government challenges, with rising pension costs over 40% of expenses, leading…
Belgium’s Job Vacancy Rate Declines to 4.4% Amidst EU Inflation Drop to 2.6%
Belgium (The Brussels Morning Newspaper): Belgium and the Netherlands had the most job openings in the EU at 4.4% each…