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"The chief virtue of a capitalist mode of production is its ability to create wealth. Wealth is created when assets are moved from lower- to higher-valued uses."

- Luke Froeb (A Traditional Economics Class in Only One Lecture)

Home The News Eurasia Belgium's Central Bank Cuts 2009 GDP Outlook
Belgium's Central Bank Cuts 2009 GDP Outlook
News - Eurasia
Written by RTTNews   
Wednesday, 10 June 2009 09:22
ForexTV.com - (RTTNews) - Belgium's economy will contract 3.5% this year after rising 1% in 2008, the National Bank of Belgium predicted Wednesday. That was a downward revision from 1.9% fall predicted in February. The economy is estimated to contract at a smaller pace of 0.2% in 2010.

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