Wednesday, September 06, 2006

Ya think?

The climate for business isn't warming in Belgium:

BRUSSELS — Belgium has slipped in the rankings of nations in a World Bank study examining favourable business climates.

....Belgium did not perform as well and is now ranked behind countries such as Estonia, Lithuania, Thailand and Puerto Rico, newspaper 'De Standaard' reported on Wednesday.

On the other side, Belgium is performing better than the Netherlands, France and Germany in establishing a favourable climate for new businesses.

.... company tax rates which claim on average 70 percent of a firm's profits are a negative factor. The average in the 30 OECD nations is 45 percent.

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