Belgian budget on 2012 was rejected by the European Commission - News - Dukascopy Bank

Fri, 06 Jan 2012 09:05:07 GMT
Source: Forexfactory
 
© Scanpix/AP

Belgium's budget for this year was rejected by the EC that assessed Belgian projections as overoptimistic. The country expects the deficit to narrow to 2.8% of GDP with the GDP expansion of 0.8% while the EC projects a deficit of 3.1% of GDP with the same expected growth figure.


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