Belgium’s King Albert II Accepts Resignation of PM Yves Leterme’s Government

Belgium’s King Albert II has accepted the resignation of Prime Minister Yves Leterme and his government but has asked him to remain in office in a caretaker capacity while a new prime minister is sought.

Leterme offered his resignation on Friday following frustration with the handling of the government’s financial stake in the troubled bank Fortis. The government had hopes to sell its stake in the bank but the move was blocked by a judge who determined the other shareholders should have a say in the decision.

It was later determined that the government had attempted to sway the court ruling in order to push the sale forward and that has through the government into the middle of controversy.

Leterme has only held office for nine months but this was the second time he offered his resignation.

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