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Showing posts with label Belgium. Show all posts
Showing posts with label Belgium. Show all posts

Wednesday, January 7, 2009

Belgium

Belgium - Is officially known as The Kingdom of Belgium. Belgium is a European Country and shares borders with France, Luxembourg, Germany, Netherlands and the North Sea. Belgium gained it's independents from the Netherlands in 1830. Belgium's private-enterprise economy has capitalized on its central geographic location, highly developed transport network, and diversified industrial and commercial base. Industry is concentrated mainly in the populous Flemish area in the north. Economic growth and foreign direct investment are expected to slow down in 2008, due to credit tightening, falling consumer and business confidence, and above average inflation. However, with the successful negotiation of the 2008 budget and devolution of power within the government, political tensions seem to be easing and could lead to an improvement in the economic outlook for 2008. Belgium has a rich history in the 1st century BC, the Romans, after defeating the local tribes, created the province of Gallia Belgica.