Belgium records a budget deficit of 5.1% of GDP in Q3 of 2022

This was the largest recorded during this period among Eurozone countries - Eurostat (the European Union’s statistics agency)

Budget deficits in the eurozone were larger in the third quarter than in the second quarter

It is linked to the measures financed by EU Member States to tackle the impact of inflation on European households

Belgium is swiftly moving towards its status as Europe’s biggest spender - Eurostat

Belgium’s budget deficit in 2023 is expected to increase further to 6.1% of annual GDP