The Belgian State sells shares in BNP Paribas – “a signal in terms of deleveraging towards the European Commission”
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The Belgian State sells shares in BNP Paribas – “a signal in terms of deleveraging towards the European Commission”

© Belga
© Belga

The sale of 25% of the Belgian state’s stake in the French bank BNP Paribas is “a signal in terms of deleveraging towards the European Commission”, Prime Minister Charles Michel said on Thursday. “This is a good decision for deleveraging and the ability to realise the investment pact,” he added.

The impact in terms of deleveraging will be 0.4 to 0.5%, Mr Michel said, acknowledging that it is “not a gigantic impact” but nevertheless important for the signal that it represents.

Maria Novak
The Brussels Times