| Author (Person) | Pignal, Stanley |
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| Series Title | Financial Times |
| Series Details | 17.8.11 |
| Publication Date | 17/08/2011 |
| Content Type | News |
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Article reports that Belgium stood out as one of the strongest performers as EU economic figures for the second quarter of 2011 were published in August 2011 - but it may have been for the wrong reasons. Economists say that its 0.7% quarter-on-quarter boost in gross domestic product was caused at least in part by the political paralysis that has gripped the country for 15 months, during which it has been run by a caretaker government. In the absence of political leadership, Belgium has been among the few European countries not to enact meaningful austerity measures, despite a public debt which is just short of 100% of its GDP. |
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| Countries / Regions | Belgium |
