Adding to the bull case for EWK and Belgian stocks is increased political stability and modest economic growth.
“Belgium’s GDP growth measured 0.4% for the first two quarters of 2015, pretty much in line with the EU-28; Per capita GDP is 23% higher than the EU-28. Belgium does rank 15th in EU-28 unemployment, high, but below the EU-28 average. As an export economy, Belgium runs a positive balance of trade of about $3.07 billion; however, is a net borrower with a current account deficit of $1.827 billion. Lastly, wealth is well distributed as demonstrated by its GINI index of 29.9. In a nutshell, Belgium is reasonably well off nation with average growth and above average wealth distribution,” according to a Seeking Alpha post.
iShares MSCI Belgium Capped ETF
