Nor does she consider that her remarks are alarmist, they translate reality in her eyes, if the federation’s deficit should continue to widen. In any case, it will have prevented citizens and French -speaking deputies several times. The 2026 budget and those who follow will therefore have to use all sectors that depend on the federation. Everyone will have to go from their sacrifice, the survival of French -speaking finances is at this price.
She also explains that if the note given to the federation by the rating agencies should deteriorate, it will transform “The federation’s debt in an average lower quality financial product. This will cause us problems to find borrowing from institutional investors in the financial markets. In a few weeks everything could then happen, and we could find ourselves not being able to pay the salary of the teachers “she explained to the deputies of her committee. In order not to get there, only one solution, reduce the deficit by bringing it back to 1, 2 billion by 2029. It also specifies that the problem will only arise at the end of the legislature or at the beginning of the next. But she does not want to wait wisely and postpone the charge to the next executive. Knowing that in the event of a major problem, the Federal will have to guarantee.
In Flanders too, the minister finds that time is too long between exams and graduation
A lower risk?
Are the Minister’s words exaggerated? We asked Etienne de Callataÿ, who is notably a professor of public finances at Unamur. “”In the financial markets, the worst scenario is always possible and it is always better to anticipate the risks. And I would add that self -registration predictions can also play a role. Some investors would no longer accept to lend the federation because they think that the institution is no longer able to reimburse. But the institution needs money to reimburse its other creditors, and if it is no longer suitable, it is no longer able to do it. This scenario is therefore theoretically possible “.
Nevertheless the economist nuances his analysis by adding that “The Wallonia-Brussels Federation is not well known at the market level. This risk, therefore, is perhaps less.”
Belgian teachers bentdown by the exams they must pass: “It is mistreatment”, “it is prohibited”