By Claire Annesley

A Political and financial Dictionary of Western Europe is a useful advisor for these looking rationalization of phrases, or a short reference resource. the variety of entries is large and encompasses the hot background and economic system of every state of the quarter in addition to political events, geographical good points, fashionable members, foreign enterprises and key companies. It presents over six hundred key definitions and provides an outline of the altering political dimensions of Western Europe and its family members with the ecu Union.

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Additional info for A Political and Economic Dictionary of Western Europe (Political and Economic Dictionaries)

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In Italy Berlusconi has been criticized for passing laws to promote and protect his own business interests. For example, he introduced a new communications bill which would lead to the privatization of the state television network in such a way that it does not infringe on private television interests and would permit him to extend his newspaper empire. He has also passed laws to make Italy’s Prime Minister and four other leading officials immune from prosecution during their term of office. He argued that the incumbent Prime Minister should not be expected to experience the ‘indignity’ of standing trial.

The Belgium economy has suffered from a series of recurring problems since the 1970s. The 1970s recession led to a rapid rise in rates of unemployment which doubled in the two years 1974–76, and by 1981 Belgium had the highest level of public-sector debt in the Organisation for Economic Co-operation and Development. The impact of the recession was greater in the French-speaking region of Walloon, which has the older industrial tradition, than in the traditionally rural, Flemish-speaking region of Flanders, which had successfully attracted more modern investment.

It became independent in 1993 in order to ensure stability in monetary policy and to prepare the country for membership of Economic and Monetary Union (EMU). Since the start of stage three of EMU on 1 January 1999 the Banque de France has been a member of the European System of Central Banks and the Eurosystem and it implements the decisions of the European Central Bank in France. fr/ Banque Nationale de Belgique The Banque Nationale de Belgique, or Nationale Bank van België, the central bank of Belgium, was founded in 1850.

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