After enduring more than 600 days of political stalemate, Brussels has finally formed a regional government as local parties reached an agreement. The negotiation process involved seven parties, culminating in an announcement by Georges-Louis Bouchez, leader of the Francophone liberal Reformist Movement (MR), who shared a photo symbolizing the agreement on social media. This development has been welcomed as a much-needed relief for the capital of Europe.

Prior to this agreement, Brussels had been without a regional government since the June 2024 elections, largely due to the inability of various parties to form a ruling coalition. This prolonged period of political indecision created significant turmoil, impacting the city's economic situation. With Brussels facing a staggering debt of 15 billion euros, concerns have escalated about the potential for a forthcoming economic crisis as the government scrambled to manage financial stability.

The successful negotiations signal a united front among the seven parties, which include a mix of liberal, socialist, and green factions. This coalition aims not only to address the immediate governance issues but also to tackle the economic challenges stemming from the accumulation of debt and financial mismanagement during the deadlock. As the new government takes shape, both local residents and observers will be keenly watching how it navigates the urgent economic dilemmas facing the region.