Jun 23, 2010
| Last Updated
The uncertain political landscape in Belgium, in conjunction with Europe’s third highest public debt-to-GDP ratio (after that of Italy and Greece), has put the country on investors’ radars, the first of the “core” Eurozone (EZ) countries to register in this way. Belgium is both a micro-state and a microcosm of broader Europe and, as such, represents a grey-zone between the Southern periphery and the “true” core countries. It shares with Greece and Italy gross imbalances in the public sector and relatively less private sector leverage and suffers the[...]
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