Country/Territory Report - Belgium.

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    • Abstract:
      The article discusses the economic outlook in Belgium as of June 1, 2012. According to the IHS Global Insight Inc., the growth in the gross domestic product (GDP) in the country will increase by 0.3% in 2012 and 0.9% in 2013. It also mentions that consumer spending will be limited due to tight lending conditions and financial-market crisis. Moreover, the fiscal policy will be restrained due to high public debt of the country.