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Belgium Launches €2 Billion Partial Privatization of Belfius
Belgium sells 20% of state-owned Belfius bank for €2 billion, raising questions about fiscal strategy and the bank's future public role.
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Belgium sells 20% of state-owned Belfius bank for €2 billion, raising questions about fiscal strategy and the bank's future public role.
Belgium seeks a buyer for 20% of Belfius bank, aiming to raise €2 billion to reduce national debt while retaining 80% ownership.
Belgium's planned sale of a 20% stake in state-owned Belfius could lead to higher bank fees, experts warn. The €2 billion privatization begins Monday.