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Belgian politics is worrying the markets (Photo: O Palsson)

Belgian bond costs soar after government talks fail

The latest collapse in talks to form a government in Belgium has sent investors running, amid fears the core eurozone country could face similar problems to Greece.

The country’s cost of borrowing money soared over five percent on Tuesday (22 November) to an almost-10-year high, after would-be prime minister Elio Di Rupo handed in his resignation on Monday, marking a preliminary end to a-year-and-a-half-long attempts to reach a deal.

Belgian EU trade commissioner Karel De Gucht w...

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