Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

March 17, 2017

Electronic Access:

Free Full text (PDF file size is 1536 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Following successful reforms during the government’s initial year in office, the year 2016 proved to be more difficult. The terror attacks in Paris and Brussels had a significant, albeit temporary, effect on the economy. The fiscal strategy veered off track, with a sizeable overshoot of the deficit target. Growth prospects for 2017 and beyond are modest, as in other euro area countries. The Belgian labor market remains severely fragmented.

Series:

Country Report No. 17/69