Fleming gives EUR 2.50 to Walloons daily

20th September 2007, Comments 0 comments

20 September 2007, BRUSSELS – A study by three researchers at the University of Notre-Dame de la Paix in Namur has indicated that EUR 5.6 billion flowed from Flanders to Wallonia in 2005. That comes down to EUR 2.50 a day per Fleming.

20 September 2007

BRUSSELS – A study by three researchers at the University of Notre-Dame de la Paix in Namur has indicated that EUR 5.6 billion flowed from Flanders to Wallonia in 2005. That comes down to EUR 2.50 a day per Fleming.

The study conducted by Olivier Meunier, Michel Mignolet and Marie-Eve Leurquin showed that every Fleming pays EUR 929 a year to the Walloons. In contrast to this is the fact that in 1949 Flanders had an unemployment rate of 19.5 percent, compared to 5.2 percent in Wallonia.

Namur professor Robert Deschammps says we should not be looking to the past however. He pointed out that if Flanders were to declare independence, "all three regions would see their economic prosperity decline."

[Copyright Expatica News 2007]

Subject: Belgian news

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