Belgium retains confidence of bond markets

Author (Person)
Series Title
Series Details 29.4.10
Publication Date 29/04/2010
Content Type

Article reports that Belgium, which has the third-highest ratio of government debt to gross domestic product in the eurozone, has retained the confidence of bond markets in spite of a fresh bout of political instability, April 2010.

But there have been warnings that prolonged instability could make it difficult for the country to finance its €327bn debt pile, which in 2010 is expected to exceed its GDP of €338bn.

Related Links
ESO: Background information: Belgian coalition collapses as liberals pull out http://www.europeansources.info/record/belgian-coalition-collapses-as-liberals-pull-out/

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