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http://www.itinerainstitute.org/en/issues/_issue/government-taxation/_paper/impact-of-the-financial-crisis-and-the-bail-outs-on-the-public-debt-and-public-finances/
Impact of the financial crisis and the bail-outs on the public debt and public finances
11 January 2010
How did the financial crisis bring the public debt at a rate not reached since 1993? How were bail-outs to the financial sector financed? This report from the Belgian Court of Audit answers these questions and reviews the strategies related to the management of the public debt and the guarantees offered to financial institutions. Given all the uncertainty surrounding these guarantees and the insecurity of reimbursement of capital injections and public credits, Belgian public finances remain at risk.

http://www.ccrek.be/docs/Reports/2009/2009_34_ImpactCriseFinanciere.pdf

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