Belgian Business Federation’s Electoral Memorandum 2024: Ten Priorities to Make Belgium Stronger and More Competitive

2023-12-04 12:26:38

The Belgian Business Federation presented its electoral memorandum on Monday with a view to the various elections planned for 2024. The objective is to make the country “stronger” and bring it back into the European lead thanks to a global and holistic plan. of measures, grouped into ten priorities. Among these is the abolition of the automatic indexation of salaries and the salary standard.

This proposal is not new on the part of the FEB, which had already formulated it last year.

With this removal, Belgium will then be able to switch to a system in which salary negotiations and working conditions take place freely, as in other countries, the Federation hopes. In his eyes, Belgium is currently still ahead in terms of adapting wages to inflation, which is “harmful” for competitiveness.

The managing director of the FEB, Pieter Timmermans, notes that every 10 to 15 years, political intervention is necessary in the face of Belgium’s economic situation, like the index jump decided by the Michel government in 2015 Belgium’s salary handicap compared to neighboring countries was then 16% in 2014. It had fallen, to now be around 15% once more.

“We can postpone the problem ‘ad vitam aeternam’. But I want at all costs to avoid the financial markets taking Belgium in their crosshairs. If Italy had to go there, then it would be us. And market intervention would be the worst thing. Everyone would be the victim,” he warns.

“There are bugs in our system,” illustrated the boss of the FEB. “Either you do a ‘reboot’ and restart it, or you don’t and the system crashes. »

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