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The Moneymakers

  • Finance

BELGIUM - Since its establishment in 1850, the National Bank of Belgium (NBB) has been seen as one of the most reliable, but also most mysterious, institutions in the country. After the introduction of the euro, our Belgian notes and coins disappeared, and the NBB seemed like a relic from the past. What is its reason of existence today?

Fortisgate

  • Finance
  • Politics

BRUSSELS - A completely new view on the Fortis-case and especially on the very closed deliberation procedure in the magistracy. Wim Van den Eyndes book Fortisgate raises serious questions about the functioning of the judiciary in Belgium.

How generous is the EU: development aid only for the rich?

  • Finance
  • Politics

When you think of development aid, you think of poor countries. But the biggest receiver of EU development aid happens to be the 18th biggest economy of the world: Turkey. In 2013, Turkey received 2.4 billion Euros...

Black Diamond

  • Corruption
  • Finance
  • Justice
  • Organised crime

Smuggling, fraud and tax evasion have been the order of the day in the diamond business in Antwerp for decades. The diamond merchants in the 'Square Mile' are living in a vacuum, in a social and judicial bubble that is sustained in part because of the cooperation of politicians and magistrates.

Belgian Minister of Finance Reynders mocks parliament

  • Finance
  • Politics

Due to the banking crisis the Belgian government had to bail out 4 major financial institutions in 2008 and 2009 to prevent them from bankruptcy. Fortis, KBC, Dexia and Ethias initially received more than 20 billion of tax payers' money which they will have to reimburse eventually. But which role does the government play in the meantime now that it acquired seats as an important stakeholder in the governing boards of these banks?