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Belgium: Domestic Politics and International Relations Discussed in New Report

Report Buyer, the online destination for business intelligence for major industry sectors, has added a market report

FOR IMMEDIATE RELEASE

PRLog (Press Release) - Nov 03, 2009 -
Report Buyer, the online destination for business intelligence for major industry sectors, has added a market report

According to the report “Country Report Belgium November 2009” available at http://www.reportbuyer.com/go/EIU00938 the outlook for Belgium 2010-11 can be summarised as follows:

   * The Economist Intelligence Unit expects the government, consisting of the Flemish and francophone Christian Democrats and Liberals and the francophone Socialists, to serve its full term until 2011.

   * The success of two right-wing, populist parties in Flanders in the regional elections in June 2009 will cause the mainstream Flemish parties to adopt a hardline stance on devolution, making a compromise agreement difficult.

   * The electorate is more concerned about economic issues, but tensions between Flanders and Wallonia might be stoked over the issue of the budget deficit or the Brussels-Halle-Vilvoorde (BHV) voter constituency.

   * The government has implemented a recovery package agreed in early 2009, but we expect the fiscal stimulus element of the package to go partly into reverse in 2010 as the government focuses instead on fiscal consolidation.

   * After rising sharply to an estimated 6% of GDP in 2009, we expect the budget deficit to rise further to 6.6% of GDP in 2010, before narrowing to 5.5% of GDP in 2011.

   * After contracting sharply in 2009, we forecast that domestic and foreign demand will both resume moderate growth in 2010-11, underpinning GDP growth of 0.8% in 2010 and 1.3% in 2011.

The report “Country Report Belgium November 2009” is available from Report Buyer at:
http://www.reportbuyer.com/countries/europe/belgium/coun ...

Report Buyer product ID: EIU00938

About Report Buyer.
Report Buyer
(http://www.reportbuyer.com/countries/europe/belgium/inde ...) is the independent online store for global business information. The website now lists more than 100,000 company overviews, market research reports, industry studies and business books from over 290 specialist publishers. Thousands of professionals from across the world make ReportBuyer.com their first choice in their search for quality business insight.

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Report Buyer is a UK-based independent online store supplying business information on major industry sectors. These include the Automotive Industry, Banking & Finance, Energy & Utilities, Food & Drink, Telecoms and Pharma & Healthcare.

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Last Updated:Nov 03, 2009
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