ASSESSMENTS
Troubled Belgium Threatens Eurozone Stability
Sep 14, 2011 | 21:02 GMT
ERIC FEFERBERG/AFP/Getty Images
Summary
Yves Leterme indicated Sept. 13 that he would leave his post as Belgium's caretaker prime minister to pursue the position of head of the Organization for Economic Cooperation and Development. Despite having a national debt higher than Portugal's, Belgium has weathered the eurozone crisis on its reputation as an advanced, developed economy. Once investors realize a developed Western European economy can fall, they will begin looking for other potentially vulnerable states, namely Austria and Italy.
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