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
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Belgium Emerges as Data Centre Hub Amid Global Surge
Brussels (Brussels Morning) - Belgium emerges as a key data centre player, drawing global investments. Its strategic location, robust infrastructure,…
EU Tariff Threats Prompt Volvo’s Move to Belgian Manufacturing
Brussels (Brussels Morning) - Volvo shifts Chinese-made electric vehicle production to Belgium in response to anticipated EU tariffs on Chinese…
Belgium Forecasts 0.4% Economic Growth in Second Quarter
Brussels (Brussels Mroning) - Belgium's economy is projected to grow by 0.4% in Q2 2024, with the National Bank expecting…
Belgium’s Housing Dilemma: Policy Shifts Imperative for Affordability
Brussels (Brussels Morning) - The National Bank urges increased housing supply, citing rising purchasing power and difficult housing access. Governor…
Record Business Growth: Belgium Sees Surge in New Companies
Brussels (Brussels Mroning) - In Belgium, over 42,000 businesses were established from May 2023 to April 2024, marking a 3.3%…
New Guidelines: Festivals Mandated to Display Prices in Euros
Brussels (Brussels Morning) - Starting next summer, festival organizers must display prices in euros for drinks and food, even if…
Indosuez Completes Acquisition of Degroof Petercam, Bolsters European Presence
Brussels (Brussels Morning) - Indosuez Wealth Management finalizes acquisition of Belgium's Degroof Petercam. Approved by banking authorities, this deal created…
Belgium and Germany Set Ambitious Offshore Wind Energy Goals
Brussels (Brussels Morning) - Belgian and German energy ministers signed a pact to explore a hybrid interconnection linking offshore wind…