topics
tools
Expatica countries
Index Last Var.(%)
BEL 20 3083.51 0.32
DAX 9605.08 0.17
IBEX 30 10058.5 -1.04
CAC 40 4387.61 -0.20
FTSE 100 6806.86 -0.05
AEX 397.5 -0.20
DJIA 16272.65 0.46
Nasdaq 4318.933 0.63
FTSE MIB 20298.33 -0.11
TSX Composite 14214.35 0.18
ASX 5415.4 -0.10
Hang seng 22836.96 0.04
Straits Times 3110.78 0.45
ISEQ 20 836.3 0.23
EUR / USD 1.37976 0.67
EUR / GBP 0.82571 0.59
USD / GBP 0.598544 -0.10
Gold 1329.6 -0.13
Oil 108.9 -0.76
Silver 21.28 0.08
You are here: Home News Belgian News Flemish businesses cannot understand why federal...
Enlarge font Decrease font Text size


23/11/2012Flemish businesses cannot understand why federal government fails to support them

The formerly discrete Flemish businessman has swapped the drawing-rooms of his business club for the public gallery because he is both fed up with the government and fearful. The economic crisis has been dragging far too long, and even though businesses have done their best to cut costs and exposed staff to temporary layoffs and technical unemployment, the economic engine is sputtering. Belgian and European macro-economic figures continue to disappoint and the banks are tightening the loan facilities even further. Liquidations and subsequent job losses are the order of the day. Frustrated and nervous businessmen are demanding a recovery policy from the Di Rupo government. A policy that is furthermore free from additional tax pressure which, according to the consultancy PwC, is as high as 57.7%. Many Flemish entrepreneurs also distrust federal prime minister Elio Di Rupo PS, who is considered as a symbol of the Walloon economy which has been lagging behind the Flemish economy for decades. They blame him for his lack of economic ambition and goodwill. For the first time in decades Flemish business leaders feel unsure about their prime minister, who does not attend business receptions and openings. They also feel that the Flemish liberals Open VLD and the Christian Democrats CD&V have left them in the lurch. Former premier Yves Leterme CD&V delivered speeches at business congresses, but current deputy prime minister Steven Vanackere CD&V is considered as a man of the christian workers' movement ACW. The hostile climate recently worsened when the Flemish socialists of the SP.A ciritcized Flemish enterpreneurs a couple of times. Deputy presidente Vande Lanotte's statement in the newspaper De Morgen yesterday that employers have lost their comfort zone now that the government has intensified its hunt on fraud, was the final straw. Many businesses find it hard to understand why the government is no longer supporting them now that they are going through a difficult period. The Flemish Nationalist N-VA party has made effective use of this feeling of discontent and frustration. N-VA president Bart De Wever has visited a large number of business clubs in recent years and his rightwing economic discourse has met with success. Even though his Flemish Nationalist stance is in sharp contrast to the international vision held by most Flemish businessmen and his party political ideals not shared by them, they agree with his criticism of the current policy.




0 reactions to this article

0 reactions to this article

Discussion Forums

Personal Finance in Belgium

Weekly currency crunch

Groups & Clubs in Belgium

Buy Belgian Passports and Driving License

Travel & Transport in Belgium

Buy Belgian Passports and Driving License

Discuss Belgian Culture

Buy Belgian Driving License at dominikcrank@gmail.com

Australian in Belgium

Buy Belgian Passports,Driving License @dominikcrank@gmail.com

participate in the forums

 
 
 
 
 
Inside Expatica
Looking for work in Belgium

Looking for work in Belgium

This handy guide from Expertise in Labour Mobility includes how to write a CV, application procedure, interview dos and don'ts, Belgian management culture.

Practical, easy-to-use, free and... in English

Practical, easy-to-use, free and... in English

Belgium’s first alternative directory assistance services - available through the shortcode 14-14 - can now be accessed on the internet.

Finding a rental home in Belgium

Finding a rental home in Belgium

Moving to Belgium presents a host of challenges to expats, not least of all finding the right home.

Learning to cope with life abroad

Learning to cope with life abroad

The psychological effects of global mobility can be physically painful.