Will Belgium clear the final hurdle? Belgium’s leap of faith
“Nineteen ninety-six will be a special year for Belgium,” prime minister Jean-Luc Dehaene told international investors recently. “Our country will reach the 3% target for the budget deficit. This will end our 15-year journey through the fiscal desert.”
Talk of Emu has scarcely been off premier Dehaene’s lips since his centre-left coalition returned to power in the May 1995 elections. Compliance with the Maastricht criteria is more important to the Belgian government than any other objective during this four-year term of office.
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