Belgium AA+ long-term, A-1+ short-term ratings affirmed - S&P

LONDON (AFX) - Standard & Poor's Ratings Services said it affirmed its AA+ long-term and A-1+ short-term sovereign credit ratings on the kingdom of Belgium.

The outlook is stable, S&P said.

"Belgium's strong credit standing reflects an affluent and comparatively advanced economy beset by a heavy general government debt burden and limited fiscal flexibility," said S&P's credit analyst Remy Salters.

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