“Exploring Wallonia’s Economic Challenges: Insights, Solutions, and Progress”

2023-05-17 09:22:26

Wallonia is also an economic situation that does not only show good news. L’Echo relayed in recent days a study by the firm EY which estimated the year 2022 as the worst year in terms of foreign investment in 10 years for Wallonia. “There is a decline in the number of investmentsadmet Elio Di Rupo, but that’s not enough information. Last year, we increased the number of jobs by 1,634, which I find more important. The EY report indeed confirms 19 fewer successful foreign projects in Wallonia in 2022 compared to 2021, but a higher number of jobs created thanks to these investments.

“It annoys me that we are constantly accusing Walloniaa regretté Elio Di Rupo. That said, together with the Minister of Economy Willy Borsus (MR), we will look at the additional measures that should be taken.

Last example of Walloon economic hiccup, that of the company Futerro, a Walloon producer of biodegradable plastics which preferred Normandy to Belgium, for lack of land available in Wallonia. “This is one of the issues that needs to be discussed as it is not normal. We must pull ourselves together: all the political formations and all the authorities on the ground. It is an unbearable situation. Wallonia represents 52% of the surface of the country, and even taking into account respect for biodiversity and agricultural land, the economy must develop.

Elio Di Rupo also defends himself on the Walloon debt which has doubled in four years, from 23 to 44 billion euros. “The Covid, we did not invent it. Floods, we didn’t invent them. It cost us 10 billion and we had to borrow it to help our fellow citizens.“This increase in debt is therefore not a sign of bad management, according to the Walloon Minister-President.”The debt is bearable, we have taken measures, the government is saving money, we reduced the deficit during the budgetary control a few weeks ago and we are heading towards a balanced budget in 2024. The budgetary situation is difficult but mastered.

The former PS president did not comment much on Bart De Wever’s foot call for a PS-N-VA mini-cabinet to be formed after the 2024 elections.”From experience, a year before the elections, we become nervous and everyone goes there with their proposals. The N-VA must not be happy compared to its immediate competitor Vlaams Belang. We took note, we responded to it, but let’s wait for the elections, the results and then work.

Elio Di Rupo has also confirmed his personal desire to be on a list in 2024, but that the choice of the list had not yet been made.

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