Belgium in limbo again after government collapses

Belgium in limbo again after government collapses

uk.reuters.com

BRUSSELS (Reuters) - Belgium's King Albert consulted political leaders on Saturday after the government collapsed for the third time in a year following its botched attempt to bail out financial group Fortis.

Prime Minister Yves Leterme tendered his government's resignation on Friday after a report by the Supreme Court found signs of political meddling to sway a court ruling on the future of the bank, a victim of the credit crunch.

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We've had banks collapse. We have had various companies go under. People have lost homes and jobs.

We now have our first government casualty from the growing economic crisis. The Belgian government has collapsed after failing to respond appropriately to the crisis.

I fear this won't be the last.

uk.reuters.com
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