Belgian Prime Minister De Wever's resignation was not accepted

Belgian King Philippe rejected Prime Minister Bart De Wever's resignation and ordered him to immediately resume budget negotiations that had ended without agreement. The political impasse leaves Belgium without a settled spending plan as De Wever's coalition struggles to close a budget gap. The king's decision keeps De Wever in office rather than triggering a government crisis. Investors will watch whether the renewed talks produce a credible deficit-reduction plan, with Belgian bond spreads and coalition cohesion the key gauges of risk.