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Belgium Downgrade Possible by S&P

Credit rating agency S&P warned that it could downgrade the credit rating of the country if there is no government. Belgian politics are in a deadlock for quite a long time. Belgium is the non-official capital of the European Union, but it lacks unity within the country.

Contrary to peripheral countries, Belgium is one of the “core” countries and is important to the Euro politically more than economically.

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.