The coalition agreement foresees on 202 pages a series of detailed proposals. The parties still have to validate the agreement.
The most important points are:
- Total budgetary effort of approximately 23 billion euros by the end of the legislative term in 2029
- A tax reform from 2026 for salaries
- Freezing of party funding
- Capital gains tax of 10 % for profits at share sales above 10 000 €
- Unemployment benefits will now be limited to two years except for those above 55
- Early retirement at 60 years for those w/42 years career. Penalties for those who retire early, bonus for those retiring after 67 and less restrictions on additional earning for retired persons.
- Equalization of different pension regimes
- Stricter immigration rules and limited access to social benefits for immigrants in the first five years.
- Increase of defense spending to 2 % in 2029 and 2,5 % of GDP in 2024, voluntary 12 month military service, additional expenses and reforms for police
- Nuclear phase-out stopped
- Abolishment of Senat, the upper house of the parliament
What remains is
- The automatic wage indexation system
- Flanders should not become an independent country inside EU, declared by the party N-VA, the leading coalition partner
What was not decided:
- Allowing Euthanasia and extending possibility for abortion
See the full text here and the full text machine-translated into English here:
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