Across the Benelux subregion, the macro story is uneven. The more effectively than Belgium, which entered Q3 on weaker footing. Belgian GDP slipped 0.1% quarter-on-quarter, reversing its modest Fiscal strains are mounting, with public debt exceeding 100% of GDP On the M&A front, 296 transactions were announced in Benelux, doubled (163.4%) to 37.3bn, driven overwhelmingly by large-cap Dutch transactions that dominated the regional slate. Indeed, the
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