Twice a year, in June and December, the National Bank of Belgium publishes macroeconomic projections for the Belgian economy for the current and the following year. These projections make up the national component of the broad macroeconomic projection exercise conducted within the Eurosystem ;...

The total macroeconomic costs of the payment instruments used in the points of sale can be estimated to be 2.034 million euros, or 0.74 p.c. of Belgian GDP in 2003. The payment costs arising from cash were 0.58 p.c. of GDP, compared to 0.11 p.c. for debit cards, 0.04 p.c. for credit cards and...

Since the previous forecasts, there have been increasing signs of recovery, in the wake of the most severe recession suffered by the global economy in the last sixty years. Indicators show that confidence has returned since the spring, against a backdrop of easing financial tension, while...

This article presents the Bank’s new macroeconomic projections for 2014-2016. They have been produced for the first time on the basis of the national accounts ESA 2010. They already take account of the measures adopted by the new federal government and the federated entities in accordance with...