Belgian King Philippe Rejects PM De Wever’s Resignation

The palace's refusal to accept the resignation turns a government crisis into a forced extension of budget talks, signaling that the crown sees no viable alternative coalition path at this stage. This matters most for Belgian federal financing and the credibility of De Wever's budget plan, with knock-on relevance for how markets read Belgian sovereign risk within the euro area. The open question is whether the negotiation mandate produces a workable budget or simply delays an inevitable political reckoning.