Expressed per capita, the Belgian national debt is the highest in Europe. This is shown by a summary table in the Sovereign Debt Index report by asset manager Janus Henderson, which the Standard reports on. N-VA MP Sander Loones also revealed that Belgium is the only higher education country not to reduce its national debt, unlike Italy, Spain, Portugal and France.
With a national debt of 53,280 dollars or 48,199 euros per capita, Belgium is the debt champion of Europe. This is shown by a summary table in the Sovereign Debt Index report by asset manager Janus Henderson, which the Standard reports on. Ireland ranks second with a national debt of $ 51,577 per capita. Italy closes the top three.
“It’s raining bad numbers for the government-De Croo”, reacts N-VA MP Sander Loones.
But what he finds even worse, if possible, is that Belgium is the only country with higher education debt that does not reduce its national debt, unlike Italy, Spain, Portugal and France. Loones comes to this conclusion on the basis of the figures from the stability programmes that all EU member states are required to submit to the European Commission this week.
“Now that interest rates are rising, everyone seems to realize that they need to reduce their debt. Only the government-not the Croo: it just keeps piling up extra debt. Totally irresponsible”, concludes Loones.
