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
Belgium–Netherlands relations Belgium–Netherlands relations Belgian–Dutch relations refer to interstate relations between the Belgium and the Netherlands. It can be seen as one of the closest international relationships in existence, marked by shared history, culture, institutions and language, extensive people-to-people links, aligned security interests, sporting tournaments and vibrant trade and investment cooperation. Relations were established after Belgium became independent from the United Kingdom of the Netherlands in 1839. Both nations are great allies with cultural similarities and close cooperation between both governments. The language spoken in Belgium is known as "Nederlands/Dutch", is the most-spoken language in both countries. Approximately 35,000 Belgian nationals live