Belgium Told by IMF to Act on Debt Load or Risk Market Backlash
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Belgium must act to fix its public finances or risk the need for more drastic efforts if financial markets force the government’s hand, according to the International Monetary Fund. The Washington-based lender, in an Article IV assessment released on Tuesday, offered limited praise for the country’s push to prevent even greater deterioration, but insisted that its position remains vulnerable.