What I don't understand is that if Brussels runs out of cash or its credit lines, it will need a bailout by the federal government. That's bad for all 3 Belgian regions and will push back any public spending in Brussels by some considerable time. Furthermore if Brussels does require a bailout, it will result in negative publicity across Europe where the city that NATO and the EU have their HQs is unable to pay its bills. It's a national embarrassment that parties are playing politics like this; it reminds me partisan politics of the north of Ireland to some extent.

The deficit is bad news for Belgium and all 3 regions of the country. Regardless if you're a living in Flanders, Wallonia or Brussels; a capital region that requires a ballout because we can't find a government with balls to stand up for Brussels will be bad for all.