The Financial Crisis of 2008: Impact on State Guarantees and Bank Bailouts in Belgium

2023-11-15 17:37:16

Excerpt: “But events will upset this nice scenario. The financial crisis of 2008 (which requires the bailout of the banks) “Without any malice, I am really curious to know the final budgetary result of this rescue. A significant part of this rescue was made by “State guarantees” which were never activated, but which “returned” to the State since they were accompanied by compensation paid by the banks. I have not forgotten the capital gains and dividends linked to Paribas either (nor the amateurism in this same matter…). So, ultimately, did it cost or bring in “Belgium”?

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#country #debt #highest #taxes #world

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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