Home » Business » The Impact of Rising Interest Rates on Belgium’s National Debt: Insights from KBC Economist Johan Van Gompel

The Impact of Rising Interest Rates on Belgium’s National Debt: Insights from KBC Economist Johan Van Gompel

The rising interest rate may mean good news for your piggy bank, but it can also hurt our country. After all, due to the interest rate rises, Belgium is at risk of having to pay 20 billion euros in interest on the national debt in 2031. How is that possible? And should we really lose sleep over that government debt? KBC economist Johan Van Gompel explains.

Dimitri Thijskens 20-08-23, 16:00 Last update: 16:22

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2023-08-20 14:00:07
#rising #interest #rates #hurt #country #danger #perfect #storm

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