Debt isn’t everything: why rating agencies aren’t freaking out over the Belgian case

Should we be worried about this huge public debt in Belgium? Not really, according to the rating agencies, which did not downgrade their rating in relation to our country in their most recent reports. Whether Fitch, Standard & Poor’s (September 2022) or Moody’s (December 2022), the organizations responsible for assessing the risk of non-reimbursement of a debt (whether it is of…

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