Sunday, January 9, 2011

Economic fears as Belgium beats European record

Many people are starting to worry about the political situation might brought economic effects to Belgium, since it took the record for Europe's longest political crisis on Saterday. The last record-holder in Europe was Netherlands(208 days), as Belgium hits 209 without a government, Belgium's top business leaders raised the question that Belgium's economic development might be affected by its political situation. Due to the failure of electing a new winner on June 13 last year, Bulguim still stays in "non-government" status. If Belgium fail to get a new government by March 30, it would beat Iraq's world record of 289 days last year. Billionaire inverstor Albert Frere said, "“The markets will be merciless if the country does not emerge promptly from this unprecedented hell.”"  Some people suggested that Belgium's government should be formed immediately; however, some thinks it's helpless to form a government too quickly.
http://www.taipeitimes.com/News/world/archives/2011/01/10/2003493154/1


By Annie Hung

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