Belgium’s deficit – December 26th 2016 10:30 (GMT+1)


The credit rating agency Fitch downgraded the credit rating of Belgium for the first time in nearly five years, in light of the difficulties of the Belgian government to balance the budget.
Fitch lowered the rating one level from AA to AA-

Fitch believe now that Belgium’s deficit this year will be 3% of GDP, compared with an earlier forecast of 2.7%.


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