Saturday, December 20, 2008

Financial crisis: political consequences in Belgium

Third time in a year, Belgium is looking for a new government. Prime Minister Yves Leterme tendered his government's resignation on Friday after a damning report by the Supreme Court found signs of political meddling to sway a court ruling on the future of the bank Fortis, a victim of the credit crunch. King Albert have to decide whether to decide the resignation.


UPDATE:


The King accepted the resignation on Monday, December 22. The Belgian parties are to decide who could take the top governmental job.

A commentary from the Dutch Handelsblad

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