Faced with steep domestic prices and persistent inflation, a growing number of residents are looking beyond Belgium’s borders to fill their shopping carts with cheaper goods—resulting in hundreds of millions of euros in spending being diverted abroad each year
Belgium: Micro, Small and Medium-Sized Enterprises (MSMEs) play a crucial role in the national and global economy and in achieving the 2030 United Nations Agenda for Sustainable Development. The UN wants to remind us of that on “Micro-, Small and Medium-Sized Enterprises Day”.
As the prices are significantly increasing amidst high inflation, citizens living near Belgium’s borders often head to neighboring nations to save money on shopping, which experts believe is taking its toll on the Belgian economy.
