Why rising interest rates can also hurt our country: “We are in danger of ending up in a perfect storm”

The rising interest rate may be good news for your piggy bank, but it can also hurt our country. After all, due to interest rate rises, Belgium risks having to pay 20 billion euros in interest on the national debt by 2031. How is that possible? And should we really lose sleep over that government debt? KBC economist Johan Van Gompel explains.

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