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I offer you a very intriguing essay by those friendly guys from Bedlam Asset Management in London. They argue that Belgium's sovereign debt should ... especially the big two of Fortis and Dexia, interest payments were only 3.6%. High debt and gradual.

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Dexia SA (DEXI.BR)
Dexia SA is a Belgium-based banking group with activities principally in Belgium, Luxembourg, France and Turkey in the fields of retail and commercial banking, public and wholesale banking, asset management and investor services. In France, Dexia Bank.

Dexia Asset Management expands in Middle East
Dubai: Dexia Asset Management (Dexia AM), part of the Dexia Group ... Following the recent restructuring of the Group, Dexia Bank Belgium was transferred to the Belgian state while its shareholding in Dexia AM transferred to Dexia SA.

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