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Europe Explained

Tuesday 03 November 2026 · No. 12

Top Story Belgium

Belgium's Government Offers to Quit After Talks on Money Fail

Prime Minister Bart De Wever told the king his team could not agree how to cut the country's costs.

📍 Brussels · Belgium

On Monday 2 November, Belgium's prime minister, Bart De Wever, went to the royal palace and offered King Philippe the resignation of his whole government. The reason was that talks among his core cabinet about the country's budget, the plan for what it will earn and spend, had failed overnight. Belgium is a monarchy, so the king receives a resignation and decides what to do with it.

The palace said the king is considering the offer. He will talk to the chairs of the parties in the governing coalition, starting on Tuesday 3 November, and has said the country "cannot afford" a long political crisis. De Wever is due to meet him again on Friday 6 November. If the resignation is accepted, new elections would be called.

The talks broke down over a question about money that many European governments face. Belgium must save €10 billion to stay inside European Union spending limits. Its deficit, the gap between what it spends and what it earns in a year, was 5% of its national income in 2025, while the EU maximum is 3%.

The parties disagree about how to close that gap. The centrist and socialist parties, Les Engagés, Vooruit and CD&V, want €1 billion to €1.5 billion raised by taxing higher incomes. The conservative N-VA and the liberal MR want spending cuts instead. Deputy Prime Minister David Clarinval blamed Vooruit.

The five parties together are known as the "Arizona" coalition, and it took them 234 days to form a government in the first place. The crisis shows how hard it can be for several parties to share one set of choices about who pays and what gets cut.

For grown-ups: sources

World Iran Talks

Talks to End the Iran War Push Oil Prices Down

Iranian and Qatari officials met for a third straight day, and no deal has been reported.

Oil and the Strait
Oil prices fell on Monday as Iran and Qatar held talks.

The war between Iran and the United States and Israel is now in its ninth month, and its effects on fuel prices have reached Europe. Oil is the price that Europe's families and firms feel first when the Middle East is in turmoil. On Monday it fell after Iranian and Qatari officials held a third straight day of talks aimed at a deal to end the war between Iran and the United States and Israel. Qatar is acting as a go-between, passing messages between the sides.

Iran's foreign minister, Abbas Araqchi, said on Sunday that the talks were "ongoing and progressing." He added that Tehran is prepared for both defence and diplomacy. No deal has been reported.

Prices moved a lot. Brent crude, the benchmark oil price used in Europe, rose almost 14% in October and finished the month at its highest level in six months. On Monday afternoon in Australia it was about $111 a barrel, down 2.1%, after reaching $117.64 earlier in the day.

The risk has not gone away. Attacks on oil tankers using the Strait of Hormuz are raising energy and shipping costs worldwide. One analyst, Tim Waterer, said talk about Iran could grow louder after the US midterm elections and push Brent toward $120. OPEC+, the group of oil producers, kept its December production targets unchanged on Sunday and is not expected to change policy again until next year.

For perspective, the Associated Press reported that Brent was near $70 a barrel before the war began, so even Monday's fall left it far above that level. The AP also noted that rising gas prices have been a major issue in the US midterm elections taking place on Tuesday, a sign that the cost of the war is being felt well beyond the region. For now, the talks in Qatar are the main hope that the price will keep falling.

🗺️ Where in the world?

📍 Strait of Hormuz · Iran, Qatar
For grown-ups: sources

United Kingdom Eu Ties

Before a Summit, the UK and EU Disagree on How to Draw Closer

Both sides want more cooperation, but they differ on the route.

The United Kingdom and the European Union will hold a summit on 20 November. Both sides agree they need closer cooperation, but they do not agree on how to get there.

The EU's foreign policy chief, Kaja Kallas, said the UK should first join the EU's existing defence frameworks rather than start talks on rejoining the bloc. She said some people in Brussels are still "traumatised" by Brexit, and that the negotiations will be difficult.

UK Defence Secretary Wes Streeting said Britain remains committed to closer defence ties, even though it stayed out of the EU's €150 billion SAFE defence loan scheme last year. Talks failed over an estimated entry fee of €4 billion to €6 billion, which the UK government saw as poor value.

The summit follows a change at the top. Prime Minister Andy Burnham has promised to rebuild relations with the EU on trade, education, energy and defence, and has not ruled out talks on full membership.

🗺️ Where in the world?

📍 London · United Kingdom, Belgium
For grown-ups: sources

Did you know?

Belgium's five-party "Arizona" coalition took 234 days to form, a long time for a government to be put together.

Europe Protests

Young Protesters Take Living-Cost Anger to German and French Streets

Peaceful marches turned violent after dark in several German cities.

PEOPLE ON THE STREET Police and report estimates, Saturday

Berlin's figure is the police estimate; Frankfurt's is from the Euronews report.

Rising living costs have pushed young people onto the streets in two of Europe's biggest countries. In Germany, largely peaceful afternoon protests, mainly over the cost of living, turned violent after dark on Saturday in several cities, including Frankfurt, Cologne, Hamburg and Berlin.

The sizes differed from city to city. Police put the youth demonstration in Berlin at about 3,500 people, with about 60 arrests, while about 8,000 people demonstrated in Frankfurt. In Hamburg, around 120 people were temporarily detained.

Germany's interior minister, Alexander Dobrindt, called for harsh penalties, and the organisers distanced themselves from the violence.

In France, hundreds of thousands of people joined protests against the rising cost of living on the third weekend of demonstrations. Authorities opened an attempted murder investigation after an officer was set on fire when a petrol bomb went off at his feet in Paris.

🗺️ Where in the world?

📍 Frankfurt · Germany, France
For grown-ups: sources

Sport

SPORT • BADMINTON

PV Sindhu won the Hylo Open women's singles in Saarbrücken, Germany, on 1 November, beating Denmark's Line Kjaersfeldt 21-12, 21-14, and became the first Indian woman to win that title.

In brief

More news

  • Ukraine: A six-day local truce around Oleshky ended on 1 November, and Zelensky said three-way talks with Russia and the US could be held on 6-10 November, with Abu Dhabi the main venue under consideration.
  • Bulgaria: Acting President Iliana Yotova led exit polls with about 58% in Sunday's runoff, which would make her the first elected woman to lead the country, and her rival Andrey Gyurov conceded.

New words

Words from this issue

Resignation
Formally giving up a job or a government's power. Today: Belgium's prime minister offered his government's resignation to the king.
Deficit
The gap when a government spends more than it earns in a year. Today: Belgium's deficit was 5% of national income, above the EU maximum of 3%.
Coalition
A government made of several parties that agree to share power. Today: Belgium's five-party "Arizona" coalition split over taxes and cuts.
Mediator
A go-between who helps two opponents talk. Today: Qatar is mediating between Iran and its opponents.

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