American Enterprise Institute on Nostr: nostr:note14vl5nusgha3fcerv3rppxxpmykq32mz79v609xdnjwamgjdcfy7qrxvawa

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Belgium Faces Increasing Debt and Borrowing Binge, Testing EU's Fiscal Discipline
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#d044f1de ver:0.08

Belgium's increasing debt and borrowing binge raise concerns about fiscal discipline. With a debt ratio exceeding 100% of GDP and projected to rise, Belgium's situation mirrors that of the US, but without the ability to print the dollar. Political dysfunction and upcoming elections hinder efforts to address the debt, while a populist party could complicate governance. Credit-assessment companies have negative outlooks, risking a downgrade. The EU may reprimand Belgium for violating deficit thresholds. Finance Minister Van Peteghem stresses the need for reforms. #BelgiumDebt #FiscalDiscipline #EU...

#newstr #Belgium #Debt #Borrowing #Deficits #Economy #Elections #EuropeanUnion

https://here.news/story/d044f1de?ver=0.08