Advertise On EU-Digest

Annual Advertising Rates

11/28/12

Belgium: OECD revises economic outlook for Belgium

The OECD's latest outlook for Belgium puts forward a negative growth of -0.1 percent this year, and a modest growth of 0.5 percent next year. Other organisations have different figures. The European Commission thinks the Belgian economy will shrink 0.2 percent this year, but grow 0.7 percent in 2013.

When drawing up the budget for next year, key ministers counted on a 0.7 percent growth. If this figure is down, Belgium will have to make more cuts.

Read more: flandersnews.be: OECD has revised economic outlook for Belgium

No comments: