The global credit rating agency Standard and Poor's Global on Friday cut Belgium's credit rating from "AA" to "AA-," citing persistent imbalances in Belgium's public finances.
Standard and Poor's Global said that Belgium faces significant fiscal challenges, illustrated by a widening budget deficit in 2025 and its slow budgetary consolidation planned for 2026-2029, which may prove difficult to implement.
The rating agency also said that Belgium's outlook is stable.
Standard and Poor's downgrades Belgium's credit rating to AA-
Iran's Imam Khomeini International Airport resumed operations on Saturday, with passengers scheduled to depart for Medina in Saudi Arabia, Muscat in Oman and Istanbul in Türkiye, Iran's ISNA News Agency reported.
Iran shut down its airspace after joint U.S. and Israeli strikes starting on Feb. 28, halting civilian aviation operations nationwide.
The country reopened its eastern airspace to international flights on April 18, with the gradual resumption of passenger flights at other airports since then.
Iran's Civil Aviation Authority has said that flight services will return to normal once technical and operational preparations by military and civilian authorities are completed.
Tehran's largest airport resumes int'l flights: media
