Belgium: Government Policy & Public Finance

The European Commission's 2026 State of the Union address signals a fundamental shift in EU policymaking, intertwining economic security with technological leadership and climate resilience. President von der Leyen's proposal for an unprecedented "associate membership" with Canada could establish a new framework for strategic partnerships beyond traditional enlargement. These developments carry significant implications for businesses navigating Europe's increasingly interconnected policy landscape.

The European Commission's 2026 proposals to reform the Market Stability Reserve represent a fundamental shift in EU carbon policy, transforming what began as a technical mechanism to address allowance surplus into a multifaceted instrument balancing climate ambition, industrial competitiveness, and geopolitical concerns. This analysis traces the MSR's evolution from the 2010s crisis through successive amendments, examining how the cessation of invalidation and recalibrated parameters interact with broader i

The European Union has introduced targeted amendments to its AI Act through a new regulation, extending compliance deadlines for high-risk AI systems while maintaining existing prohibitions and transparency requirements. Organizations now have additional time to implement governance frameworks, documentation protocols, and monitoring systems, though obligations for general-purpose AI models and certain AI practices remain unchanged.