Human resources firm SD Worx estimates that wages will rise over 10% in January 2023 in sectors that index wages once a year, usually in January. On Tuesday, Belgium published its inflation figures for August, which reached 9.94%, the highest monthly increase since 1976. As a result, the health index-based inflation rate increased from 9.07% …
As electricity and gas prices reach record highs, Alexander De Croo will convene the Consultative Committee to discuss the ongoing energy crisis. According to the Belga News Agency, De Croo will hold the meeting on Wednesday to discuss rising energy prices. Following a question from Vooruit chair Conner Rousseau, who asked the government to convene …
In the midst of a cost of living crisis, landlords are increasingly passing on rising inflation and energy costs to tenants, resulting in painful rent hikes. Rent in Brussels has gone up considerably as a result; the average rental price is now €1,104. The Federia (federation of French-speaking real estate agents) rental barometer, published by …
Wim Van Hooydonk Warnings and Updates – Rent in Brussels soars past €1000/month Read More »
After it was revealed that Germany is filling up its gas reserves faster than expected, natural gas prices in Europe dropped sharply on Monday morning. In preparation for the winter ahead, Germany wants to be well-prepared. Before the exchange, the price on the leading Amsterdam gas exchange fell by 16% to €286 per megawatt-hour (MWh). …
According to Reuters on Monday, Belgium has backed introducing price caps for the European Union’s gas and electricity hubs and suspending trade in cases of “irrational market behavior”. Russia’s invasion of Ukraine and reduced gas supplies to Europe have spooked the 27-nation EU into considering price caps to deal with soaring energy prices. Eurostat reported …
Belgium’s largest electricity consumer, SNCB, has reached out to the government for assistance as a result of the energy crisis. According to the Flemish newspaper De Standard, SNCB’s energy bills will increase significantly, similar to that of most Belgian households. It is estimated that the company’s overall energy bill (for electricity, gas, and oil) will …
According to a study conducted by Arval, BNP Paribas’ corporate leasing division, electric SUVs are becoming increasingly popular among corporate users. As fossil-fuelled vehicles fall out of favor as company vehicles, their number may increase. The popularity of these vehicles isn’t so much driven by their green credentials as by their size. The rental group …
The French-speaking opposition party Les Engagés requested the Federal Government to activate the first step of its emergency energy plan on 23 August, adopting “early warning” measures. Belgium could face an energy crisis during the winter, according to the party. “We ask, from the start of the school year, that the competent ministers explain to …
Due to a lack of wind and high temperatures expected next week, Belgium’s electricity price reached a record on Sunday. The wholesale market on Sunday reached an average price of €561.94 per megawatt hour for delivery on Monday, according to traders. It beats the previous record (€541 per MWh) from August 17. As several French …
Wim Van Hooydonk Warnings and Updates – Belgian electricity price hits new high Read More »
Up until now, park-and-ride carparks in the south and east of Brussels have not succeeded in enticing commuters to leave their cars outside the city and take public transportation the rest of the way. In Anderlecht, a large parking lot costing 14 million euros was built next to the Coovi metro station. Only 2.5% of …