News Analysis: The Belgian Budget Process and Its Tax Implications
On December 6, Belgium's King Albert II swore in Elio Di Rupo's government, 541 days after the elections of June 13, 2010.
Why Did It Take 541 Days?
After the elections on June 13 last year, the big winners were the Flemish pro-separatism party N-VA (New Flemish Alliance Party), and the Walloon Socialist Party. However, fundamental differences over the future makeup of the Belgian state blocked the government discussions.
News Analysis: The Belgian Budget Process and Its Tax Implications, Tax Notes International, 19 December 2011