Our guest mentioned in particular the expenses and the state budget, giving Vivaldi a bad rating from the outset after about a year in power. “What has been done to support the purchasing power of households is good, but what has been done in terms of reforming the country is much worse”, he comments.
This week, the government must start the calculations for the 2022 budget. Étienne de Callataÿ is rather optimistic for this exercise. “The economist is always optimistic but he is critical. And he is enraged because there is always way to do better. I am enraged because I see that in Wallonia, one in four children grows up in a poor family and in Brussels we talk 40%, we must be enraged. What the authorities must do? Have a better education, fairer and more efficient. Our social security must be seriously reviewed, our taxation also as well as our labor market. “, advances the economist.
Budget work will be a complicated task for the government. “We have to be a little tougher on the budgetary plan. Since the economy is doing better than we thought, we must give less budgetary impetus. The State must use gas when things are not badly and on the brake when things are going well “, considers our guest.
Étienne de Callataÿ returned a red card and a green card in the show. Its bad rating was addressed to the support given to Brussels Airlines during the crisis. “As the climate emergency was immediately obvious, nothing smarter was found to do than spend hundreds of millions of euros to rescue a company that was already struggling previously. way to do much better with this money. The environment is the most important challenge we have. Besides that, the Covid is cat pee “, he says.“, he says. His good note was addressed to Minister Dermagne. “I like the idea of no longer forcing people to lie. When they want to leave for a new challenge, they must be able to resign without having to arrange with their boss to get a C4”, our still the economist.
At the end of the interview, our expert mentioned the economy of Wallonia, which is far from being in good shape. So much so that a comparison was made with Greece, which experienced the crisis in 2014 and 2015. Although Wallonia is not a state like Greece, it is still rated by the rating agencies, these bodies. responsible for assessing the risk of non-repayment of the debt of a State, a company or a community. “It is all of Belgium that is not immune to this change of mood on the financial markets. And what is true for a state like Belgium or Greece is, a fortiori for a region like Wallonia “, concludes Etienne De Callataÿ.