MPs approve 'generation pact', 2006 Budget

16th December 2005, Comments 0 comments

16 December 2005, BRUSSELS — The Belgian Parliament approved the federal government's 'generation pact' and 2006 Budget on Friday morning.

16 December 2005

BRUSSELS — The Belgian Parliament approved the federal government's 'generation pact' and 2006 Budget on Friday morning.

MPs gave the green light to the pact's controversial social security and pension reforms at about 1am on Friday, newspaper 'De Standaard' reported.

Opposition parties Christian Democrat CD&V, New Flemish Alliance N-VA, Flemish Interest and Democrat Humanist CDH voted against the proposal.

However, the government majority parties Liberal VLD and Socialist SP.A ensured the passage of the legislation.

The generation pact aims to boost youth employment, reform the social security sector and increase worker retention rates by raising the minimum early retirement age.

The plans have met with stiff union opposition and two national days of strikes in recent months, but industrial unrest appears to have now returned to Belgium.

Meanwhile, the parliament approved the federal government's 2006 Budget with a vote at about 12.30am on Friday. The budget is the government's 7th balanced budget in succession.

Budgets were also approved for the Arbitration Court, Supreme Court, the notary appointment commissions, the Court of Audit, the police and intelligence service supervisory committees, the commission for the protection of privacy and the federal ombudsman. 

[Copyright Expatica News 2005]

Subject: Belgian news

0 Comments To This Article