Belgium

Major Disruptions in Belgian Air Travel Due to Air Traffic Control Issues

2 months ago

In a significant development that has affected air travel across Belgium, numerous flights have been disrupted due to a malfunction within the country's air traffic control system. The incident began early in the morning and led to widespread delays and cancellations, causing chaos at major Belgian airports, including Brussels Airport and Brussels South Charleroi Airport.

Antitrust Investigation Launched Against AB InBev Over Beer Sales Practices in Belgium

3 months ago

In a significant development for the global beverage giant Anheuser-Busch InBev (AB InBev), Belgian authorities have initiated an antitrust investigation into the company's sales practices concerning beer distribution in the country. This investigation arises from concerns that AB InBev's contracts with retailers may be imposing unfair conditions that stifle competition in the Belgian beer market.

Belgium Introduces New Oath for Bankers to Ensure Integrity and Trustworthiness

3 months ago

In a sweeping move to restore public confidence in the financial sector, Belgium has implemented a groundbreaking requirement for its bank executives and senior officials to pledge an oath of honesty and integrity. This new mandate arises in the wake of multiple financial scandals that have rocked the industry, casting doubt on the ethical standards upheld by banking professionals.

Moody's Lowers Belgium’s Credit Outlook to Negative Amid Rising Debt Concerns

6 months ago

In a significant shift in Belgium's financial assessment, Moody's Investors Service has downgraded the country's credit outlook from stable to negative. This decision arises from escalating concerns regarding the nation's growing public debt, which has been exacerbated by economic challenges and stagnant growth projections.