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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on April 25, 2025

    Featured image for article about Headlines

    BRUSSELS (Reuters) -Brussels Airport, Belgium's main international flight hub, will cancel several flights on Tuesday, while Charleroi Airport plans to suspend all departures the same day due to a nationwide strike over the new government's austerity policies.

    Brussels Airport said in a statement that some of its baggage and security service providers were due to participate in the industrial action.

    While it did not specify how many flights would be cancelled, Belga news agency reported that at least 30% of departures were to be axed and that disruption to incoming flights was also possible.

    Charleroi Airport said in a statement that a staff shortage expected on Tuesday would make it impossible to ensure safe operations for departing flights. It added that incoming flights would continue as scheduled.

    Belgian unions are organising another nationwide strike against the new government's policies including pension reforms.

    The planned pension reform rewards those who work past retirement age with 35 years of service, while early retirees without 35 years of work behind them face a penalty. The new system would be less favourable for lower-income earners compared with the previous one, which provided a lump sum based on career length.

    Flemish nationalist Bart De Wever's government was sworn in on February 3 after eight months of negotiations that resulted in a five-party coalition including conservatives, centrists, and socialists.

    (Reporting by Charlotte Van Campenhout; Editing by Hugh Lawson)

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