Saturday, December 20, 2008

Belgium in Limbo Again After Government Collapses

From Yahoo News/Reuters:

BRUSSELS (Reuters) – Belgium's King Albert consulted political leaders on Saturday after the government collapsed for the third time in a year following its botched attempt to bail out financial group Fortis.

Prime Minister Yves Leterme tendered his government's resignation on Friday after a report by the Supreme Court found signs of political meddling to sway a court ruling on the future of the bank, a victim of the credit crunch.

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