De Morgen

De Morgen News

• Ford’s Genk Plant Remains Shut on Strikes at Suppliers

  Ford Motor Co.’s production at its factory in Genk, Belgium, remained halted as protests over plans to shut the site next year showed no sign of letup after three months of disruption.

• Arnault’s Belgian Citizenship Bid Hits Another Snag, Morgen Says

  The Brussels prosecutor’s office issued a negative opinion on LVMH Moet Hennessy Louis Vuitton SA Chief Executive Officer Bernard Arnault’s request for naturalization in Belgium, De Morgen reported, citing Jean-Marc Meilleur, a spokesman for the office.

• Billionaire Arnault’s Belgian Citizenship Application Hits Snag

  French billionaire Bernard Arnault’s effort to become a Belgian citizen may have hit a snag after the country’s immigration office deemed he hasn’t lived in the country long enough.

• World’s Wealthiest Add $15 Billion as Global Stocks Drop

  The 100 richest people on the planet limited their gains to $15.1 billion this week, according to the Bloomberg Billionaires Index, after a decline in global markets yesterday erased wealth created on better-than-forecast income and consumer spending data in the U.S.

• Belgium Overruled Nuclear Plant’s Early Closing, De Morgen Says

  Belgian Energy Minister Melchior Wathelet ignored advice from his ministry to close GDF Suez SA’s Tihange 1 nuclear power plant as soon as 2017, De Morgen reported today.

• Belgium Agrees to Name De Boeck as Dexia Chief, De Morgen Says

  The Belgian government agreed that Karel De Boeck, 62, will succeed Pierre Mariani as chief executive officer of Dexia SA, De Morgen reported, without saying where it got the information.

• Belgium’s Magnette Criticizes EU Budget Supervision, Morgen Says

  Belgian public enterprise minister Paul Magnette said the European Commission “has no democratic legitimacy” to tell countries how to conduct economic policy, De Morgen reported, citing an interview.

• Third Greek Bailout Package Can’t Be Excluded, Schaeuble Tells De Morgen

  Greece can achieve the goal of cutting debt to 120.5 percent of economic output in 2020 though a third bailout for the nation can’t be excluded, German Finance Minister Wolfgang Schaeuble said in an interview with De Morgen.

• Banks, Insurers Should Extend Greek Loans, Reynders Tells Morgen

  Banks, insurance companies and pension funds should contribute 25 billion euros ($35.9 billion) to the next round of emergency help for Greece by extending existing loans to the debt-plagued country, Belgian Finance Minister Didier Reynders said in an interview with De Morgen .

• Belgian Ports Lose Market Share to Netherlands, De Morgen Says

  Belgium’s ports lost market share to the Netherlands last year, the Brussels-based newspaper De Morgen reported, citing figures from the European Union statistics agency.

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