The gloom affecting Belgian industry, particularly the automotive sector, appears to be sapping consumer morale. Households are also worried about the rise in unemployment, which is at its highest level in almost two years.  

This buffer serves as a temporary additional capital reserve, providing banks with the necessary leeway to absorb credit losses in the event of a sharp increase in loan defaults.

The early days of the euro were smooth sailing, until the global economic and financial crisis of 2008-09 cruelly revealed design flaws in the European EMU. Find out why in the latest article on our blog, penned by Naïm Cordemans.

As a result of a relatively better rate of growth in exports, the trade surplus rose sharply to €15.8 billion for the first seven months of 2024 as a whole, equating to the largest surplus for three years.

The Governing Council has decided to lower the deposit facility rate – the rate through which it steers the monetary policy stance – by 25 basis points.