Belgium Food and Drinks Federation Warns of Industry Resilience at Risk Without Government Intervention
Belgium's food and drinks federation, Fevia, has warned that the industry's resilience is at risk due to rising costs and lack of government support. The sector, valued at €85.1bn in sales and €42.4bn in exports, faces threats from high labor costs, foreign competition, and potential VAT increases. Fevia is calling for policy interventions to maintain competitiveness and prevent job losses.
Topics: Belgium competitiveness economic policy food industry labor costs VAT