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Belgium Location : Western Europe, bordering the North Sea, between France and the Netherlands Capital City : Brussels Curreny : euro (EUR); Belgian franc (BEF) note: on 1 January 1999, the European Monetary Union introduced the euro as a common currency to be used by financial institutions of member countries; on 1 January 2002, the euro became the sole currency for everyday transactions within the member countries Languages Spoken : Dutch 60%, French 40%, German less than 1%, legally bilingual (Dutch and French) Climate : temperate; mild winters, cool summers; rainy, humid, cloudy National Holiday : Independence Day, 21 July (1831) Background Information Belgium became independent from the Netherlands in 1830 and was occupied by Germany during World Wars I and II. It has prospered in the past half century as a modern, technologically advanced European state and member of NATO and the EU. Tensions between the Dutch-speaking Flemings of the north and the French-speaking Walloons of the south have led in recent years to constitutional amendments granting these regions formal recognition and autonomy. Geographical Note crossroads of Western Europe; majority of West European capitals within 1,000 km of Brussels, the seat of both the European Union and NATO Economy This modern private enterprise economy has capitalized on its central geographic location, highly developed transport network, and diversified industrial and commercial base. Industry is concentrated mainly in the populous Flemish area in the north. With few natural resources, Belgium must import substantial quantities of raw materials and export a large volume of manufactures, making its economy unusually dependent on the state of world markets. About three-quarters of its trade is with other EU countries. Belgium's public debt is expected to fall to about 100% of GDP in 2002, and the government has succeeded in balancing its budget. Belgium, together with 11 of its EU partners, began circulating euro currency in January 2002. Economic growth in 2001 dropped sharply due to the global economic slowdown. Prospects for 2002 depend largely on recovery in the EU and the US. Religions Roman Catholic 75%, Protestant or other 25% Ports : Antwerp (one of the world's busiest ports), Brugge, Gent, Hasselt, Liege, Mons, Namur, Oostende, Zeebrugge International Disputes - Risks to travellers : none
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Belgium
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