The Belgian economy is set to grow by an average 1.2% in the coming years and households´ purchasing power picks up
(WorldNews Belgium)

Although invariably strongly influenced by international factors, economic activity in Belgium has clearly remained more robust than in the euro area in 2018. In a context of persistently weak external demand and sustained uncertainty, growth is projected to contract only slightly, coming down from 1.4 % in 2018 to 1.2 % this year. In 2020 and 2021, the Belgian economy is expected to expand at a more or less stable pace of 1.1 % and 1.2 % respectively. The overall downward revision of forecasts for 2019-2021 compared with the autumn projections is still very limited relative to those established for the euro area as a whole and is entirely attributable to the lower-than-expected growth in...