On March 28, 2026, De Morgen reported that Pierre Wunsch, the governor of Belgium’s National Bank, delivered a stark warning about the country’s fiscal position. According to the interview, the bank’s reserves are depleted and the practice of distributing and receiving financial gifts is a thing of the past. Wunsch said, “There has long been no margin left in Belgium. The margin is negative.” He cautioned that a prolonged crisis, such as the one unfolding in Iran, could raise the risk of a scenario similar to Portugal’s financial distress. The governor’s remarks come amid ongoing discussions with policymakers and the public at the bank’s headquarters on Boulevard de Berlaimont, Brussels.
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