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The Belgium Financial Sector Assessment Program (FSAP) stress testing exercise examines a financial sector that remains …
Persistent link: https://www.econbiz.de/10014409420
Belgian financial conglomerates (FCs) remained important players in the Belgian financial sector, despite significant restructuring following the global financial crisis. FCs operated in multiple streams of the financial sector, especially in banking and insurance. Owing to their economic reach...
Persistent link: https://www.econbiz.de/10014395168
Persistent link: https://www.econbiz.de/10015060566
This Selected Issues paper explores different aspects of fiscal consolidation in Belgium. Belgium is facing higher …, rebuild buffers, reduce debt, and preserve Belgium's social contract. Comparisons with peers show that rationalizing and …
Persistent link: https://www.econbiz.de/10015058881
The 2023 Article IV Consultation discusses that though resilient to shocks, the Belgium economy and financial sector …
Persistent link: https://www.econbiz.de/10015058882
features of Belgium's wage-formation process. It then tries to identify some weaknesses and policy recommendations that …. Inflation at record levels is putting the sustainability of Belgium's wage indexation system to the test by weighing on … corporate and government finances. Current price pressures in Belgium show parallels to periods of elevated inflation in recent …
Persistent link: https://www.econbiz.de/10015059642
The 2022 Article IV Consultation discusses that Belgium's post-pandemic recovery has slowed with spillovers from Russia …
Persistent link: https://www.econbiz.de/10015059643
with the Basel Core Principles (BCPs) for effective banking supervision. The National Bank of Belgium (NBB) deploys high …
Persistent link: https://www.econbiz.de/10014409418
The Belgian insurance industry was adversely affected by the global financial crisis and continued to confront challenges related to legacy assets and economic uncertainties in Europe. The Belgian authorities have made significant progress in updating the insurance regulatory regime and...
Persistent link: https://www.econbiz.de/10014409419
fiscal structure of Belgium, but the task has been helped by a new burden sharing agreement which clarifies the consolidation …
Persistent link: https://www.econbiz.de/10014411290