Financial Times FT.com

Politics: Regions compensate for federal deadlock

By Stanley Pignal

Published: November 15 2010 23:12 | Last updated: November 15 2010 23:12

René Magritte, the Walloon artist famous for his surrealist creations, might have appreciated the current state of Belgian politics. Investors looking for stability and predictability may be less amused.

Seven months after Prime minister Yves Leterme’s federal government collapsed, and five months after fresh elections were held, Belgium is still without a permanent executive.

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