Belgian national bank sees GDP growth at 2.3 pct

Presenting the June forecasts, Belgian national bank governor Guy Quaden warned that a further rise in oil prices could hamper economic recovery in Europe.

"Although the recovery may, in the near future, prove slightly stronger than predicted it could nevertheless also be impeded by the recent price rises on the oil markets if they were to persist or even accelerate," he said.

Speaking in January, Quaden said in a television interview that he expected GDP growth for this year to amount to just