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National Bank warns of debt explosion up to 130 percent of GDP

‘Intervention in the budget is necessary or we risk getting into trouble in the event of a new shock’, warns Stefan Van Parys of the National Bank. ‘The period of low interest rates is over.’

‘We did not use the moment of low interest rates to put our government finances in order,’ Van Parys regrets. He was invited into the room this morning by the Finance Committee to name…

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