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 Belgian Government Falls over Paribas Deal - Who Will Go Next?

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Belgian Government Falls over Paribas Deal - Who Will Go Next? Empty
PostSubject: Belgian Government Falls over Paribas Deal - Who Will Go Next?   Belgian Government Falls over Paribas Deal - Who Will Go Next? EmptyTue Dec 23, 2008 2:50 am

Amazingly, the Belgian Government which fell this weekend over the attempted sale of Fortis, Belgium's biggest bank to PNP Paribas at fire sale prices, is the first government to fall over the financial crisis.


http://www.businessweek.com/globalbiz/content/dec2008/gb20081222_181030.htm?campaign_id=rss_eu


Any bets on who will be next to go?
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PostSubject: Re: Belgian Government Falls over Paribas Deal - Who Will Go Next?   Belgian Government Falls over Paribas Deal - Who Will Go Next? EmptyTue Dec 23, 2008 2:52 am

did it fall twice? Very Happy
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PostSubject: Re: Belgian Government Falls over Paribas Deal - Who Will Go Next?   Belgian Government Falls over Paribas Deal - Who Will Go Next? EmptyTue Dec 23, 2008 2:57 am

coc wrote:
did it fall twice? Very Happy

No. Its just a feeling of deja vu. Very Happy Very Happy
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PostSubject: Re: Belgian Government Falls over Paribas Deal - Who Will Go Next?   Belgian Government Falls over Paribas Deal - Who Will Go Next? EmptyTue Dec 23, 2008 3:17 am

The Canadian government fell but before it hit the ground there was a miracle and it is now just suspended in midair
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PostSubject: Re: Belgian Government Falls over Paribas Deal - Who Will Go Next?   Belgian Government Falls over Paribas Deal - Who Will Go Next? EmptyTue Dec 23, 2008 3:19 am

Iceland's Government seems to have survived by locking itself in.
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PostSubject: Re: Belgian Government Falls over Paribas Deal - Who Will Go Next?   Belgian Government Falls over Paribas Deal - Who Will Go Next? EmptyTue Dec 23, 2008 3:23 am

The dumb eskimoes, why did they not go on vacation.
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PostSubject: Re: Belgian Government Falls over Paribas Deal - Who Will Go Next?   Belgian Government Falls over Paribas Deal - Who Will Go Next? EmptyTue Dec 23, 2008 4:46 am

It isn't that shocking that the Belgian Government has fallen... it would have fallen regardless of the financial crisis, just waiting for an excuse... they have been unable to form a functioning Government there for about 18 months at this stage just the King wouldn't let them have another election.
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PostSubject: Re: Belgian Government Falls over Paribas Deal - Who Will Go Next?   Belgian Government Falls over Paribas Deal - Who Will Go Next? EmptyTue Dec 23, 2008 5:38 am

...bringing us on to all those questions of regionalism within the EU ...

To be fair, Belgium has been an interesting case for some time now...

still haven't fully caught up on Canada, which I always feel is a surrogate member of the EU ... the America we Europhiles like!!! ... Very Happy
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PostSubject: Re: Belgian Government Falls over Paribas Deal - Who Will Go Next?   Belgian Government Falls over Paribas Deal - Who Will Go Next? EmptyTue Dec 23, 2008 5:38 am

*** waits to be shot down mid-air by Young Dan ***
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PostSubject: Re: Belgian Government Falls over Paribas Deal - Who Will Go Next?   Belgian Government Falls over Paribas Deal - Who Will Go Next? EmptyTue Dec 23, 2008 2:13 pm

Yvew Leterme says he wants nothing to do with a new government. He will be concentrating on clearing his name. You can't blame him really. The Courts intervening in the financial crisis and stopping the sale of a bank is a total mess. If people are not going to row in with you then there is no point in running a lame duck government.

Belgium seems to be a bit of a zombie country at the moment, yet the rubbish is not building up in the streets. A country functioning without a Government demonstrates perfectly the limited importance of democratically elected politicians.
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PostSubject: Re: Belgian Government Falls over Paribas Deal - Who Will Go Next?   Belgian Government Falls over Paribas Deal - Who Will Go Next? EmptyTue Dec 23, 2008 7:34 pm

Far be it from me Atticus. I have hopes that Canadians will resist closer tues to the US.

Did you buy that Kazack stock that time and howdid it work out. I think it was you that was looking at it anyway
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PostSubject: Re: Belgian Government Falls over Paribas Deal - Who Will Go Next?   Belgian Government Falls over Paribas Deal - Who Will Go Next? Empty

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