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
History of the Netherlands of Spain took strong measures against Protestantism, which polarised the peoples of present-day Belgium and the Netherlands. The subsequent Dutch revolt led to splitting the Burgundian Netherlands into a Catholic French and Dutch-speaking "Spanish Netherlands" (approximately corresponding to modern Belgium and Luxembourg), and a northern "United Provinces", which spoke Dutch and were predominantly Protestant with a Catholic minority. It became the modern Netherlands. In the Dutch Golden Age, which had its zenith around 1667, there was a flowering of trade, industry, the arts and the sciences. A rich worldwide Dutch empire developed and the Dutch East India Company became one