Economy of Belgium force. One of the founding members of the European Community, Belgium strongly supports deepening the powers of the present-day European Union to integrate European economies further. About three-quarters of its trade is with other EU countries. Together with the Netherlands and Luxembourg, Belgium is also one of Benelux member states. Belgium's public debt is about 105% of GDP. The government succeeded in balancing its budget during the 2000–2008 period, and income distribution is relatively equal. Belgium began circulating the euro currency in January 2002. Economic growth and foreign direct investment dropped in 2008. In 2009 Belgium suffered negative growth and
Netherlands gained independence in 1830 as Belgium (recognised by the Northern Netherlands in 1839 as the Kingdom of the Netherlands was created by decree), while the personal union between Luxembourg and the Netherlands was severed in 1890, when William III died with no surviving male heirs. Ascendancy laws prevented his daughter Queen Wilhelmina from becoming the next Grand Duchess. The Belgian Revolution at home and the Java War in the Dutch East Indies brought the Netherlands to the brink of bankruptcy. However, the Cultivation System was introduced in 1830; in the Dutch East Indies, 20% of village land had to be