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Belgium Urged To Cut Labour Taxes
The International Monetary Fund (IMF) has welcomed spending cuts implemented by Belgium to bring the nation's deficit to below 3% of gross domestic product by 2012, but has urged authorities to undertake comprehensive tax reform to boost employment and growth prospects.

Ford Posts 2011 Pre-Tax Operating Profit of $8.8 Billion; One-Time Special Items Contribute to $20.2 Billion Net ...
DEARBORN, Mich., Jan. 27, 2012 /PRNewswire/ --Full year pre-tax operating profit was $8.8 billion, or $1.51 per share, an increase of $463 million from a year agoFull year net income was $20.2 billion, ...

Luxembourg, Belgium Champion Fiscal Discipline
During a recent working visit to Luxembourg, Belgian Prime Minister Elio Di Rupo held talks with his Luxembourg counterpart Jean-Claude Juncker, with the talks focussing on fiscal issues currently under discussion in the European Union (EU).

France seeks support for financial transaction tax
BRUSSELS (Reuters) - France outlined on Tuesday a blueprint of its own tax on financial transactions to other EU countries, in a fresh attempt to win backing for such a scheme across the European Union. President Nicolas Sarkozy is hoping the tax will be introduced in France before the end of the year, meaning that parliament would have to approve it before breaking in February ahead of ...

Strike grips Belgium as EU leaders meet
BRUSSELS (Reuters) - Belgium's first general strike in almost two decades brought the country to a partial halt on Monday in an anti-austerity protest aimed at the government and EU leaders meeting in Brussels. The entire rail network closed, buses and trams were idled, many schools and shops shut and production at the Audi and Volvo car plants stopped. Charleroi Airport, a hub for Ryanair and ...

Belgium says will freeze spending to appease EU
Belgium will freeze more than a billion euros ($1.3 billion) in spending for several months after the European Commission raised concerns, the country's budget minister said on Saturday.

Belgium strikes on day of EU summit
Belgian trade unions organizing a nationwide strike Monday called on leaders attending the European Union summit in Brussels to move away from austerity measures and start boosting growth and employment.

Crisis kills revival in Europe microcosm Belgium
ANTWERP, Belgium (Reuters) - The stunning, narrow 16th century Gothic houses in the centre of Antwerp are dwarfed by the nearby modern port, which stretches to the size of 22,000 soccer pitches. From it, there is a stream of ships carrying everything from cars to cosmetics around the world - 15,200 ships in 2011. But what was shaping up as a record-breaking year for Belgium's second city turned ...

Belgium launches inquiry after diamond trade controversy
Belgium's justice minister ordered an inquiry Wednesday linked to a growing controversy over possible tax fraud among diamond traders in the port city of Antwerp.

Belgium—2011 Article IV Consultation Concluding Statement of the Mission
Amidst uncertainty about the evolution of the financial crisis and the depth of the recession in Europe, the Belgian economy faces a difficult outlook. An effective and comprehensive policy response both at the European and the national level is called for.

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