Belgian Economic system Ranks Tenth in European Indicators: How Does it Influence the Elections?

by time news

2024-06-06 19:10:00

Just a few days earlier than the elections. How is the Belgian economic system doing? If we have a look at the European indicators, we see that Denmark is certainly the general champion, and that our nation is much behind in tenth place. That is info from the newspaper L’Echo.

That is one among Bart De Wever’s refrains on this election marketing campaign. In response to him, Belgium is now one of many worst performers within the European economic system. A speech he gave final week towards Paul Magnette. “We should say to the inactive individual, go to work in the event you can. Our employment fee ought to exceed 80% as within the Scandinavian international locations. And due to this, we can have a welfare state. However you possibly can’t work like within the south of Italy and declare every little thing. Or possibly it is the North that is nonetheless paying“, he stated.

The journalist on the newspaper L’Echo, Jean-Paul Bombaerts, imagined an financial competitors by which 12 international locations are individuals.

Race on totally different indicators, for instance the employment fee. In Belgium, round 67% of individuals aged 15-64 have a job. Trying up a bit, we discover that it’s higher than in Spain, however worse than within the Netherlands, Sweden and Germany. “The tax strain on work shouldn’t be as vital as right here. For them too, the distinction between work and non-work is larger, though for us it’s small, which isn’t an incentive to work. And as well as, we will additionally point out part-time work, which is rather more developed in these international locations than in ours.“, analyze Jean-Paul Bombaerts

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One other criticism is the tax strain on work. In Belgium, nearly 53% of a median particular person employee’s wage goes to taxes. On this race, no one is doing worse than us. Germany is already nicely forward. Eire and the Netherlands are the leaders. Denmark is in third place. “Nations that do higher than us have balanced taxation in another way, with extra emphasis on wealth revenue, capital revenue or environmental taxes.“, stated the journalist.

Our nation remains to be forward of the check: right here, the wealth is healthier distributed than amongst our neighbors. To calculate inequality, we have a look at the Gini coefficient. The nearer it’s to zero, the extra equal the society. In Belgium, we’re at 24. The Netherlands are second. Far behind, the final one, are Italy, Spain and Greece.

On the finish of the championship, contemplating ten financial assessments, Denmark completed first, Belgium got here tenth out of twelve candidates, the identical rating as in 2019.

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