Belgium’s economy expanded at a faster pace than estimated in the fourth quarter as companies boosted investment and consumers spent more.
Federal Reserve Chairman Janet Yellen will give her first semi-annual report on U.S. monetary policy and the economy as head of the central bank in testimony before Congress.
Belgium’s economy expanded in the fourth quarter at the fastest pace in almost three years, adding to evidence the euro area’s recovery is gaining steam.
Following is a summary of the September federal budget balance from National Bank of Belgium in Brussels:
Following is a summary of the August federal budget balance from National Bank of Belgium in Brussels:
The following companies may have unusual price changes in Benelux markets. Stock symbols are in parentheses, and prices are from the previous close.
Belgian business confidence in December rose more than expected as executives in the construction industry were more optimist about demand.
Belgium’s expansion slowed in the first quarter as harsh weather hampered the economy’s recovery from the worst slump in at least six decades.
KBC Groep NV, Belgium’s biggest bank by market value, repaid 500 million euros ($680 million) to the Flemish government from a 2009 bailout ahead of schedule.
Belgian business confidence sank in August to the lowest level since December 2009, driven down by declining optimism in the business-services sector.