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BRUSSELS

Police hunt two fugitives after Brussels shoot-out

Belgian police are still hunting two suspects after a counter-terror raid in Brussels on Tuesday led to a shoot-out. One gunman killed had an Isis flag with him, prosecutors have revealed.

Police hunt two fugitives after Brussels shoot-out
A member of the Belgian police takes position on the roof of a house during the operation. Photo: AFP

Belgian police are still hunting for two fugitives following a deadly shootout in Brussels during an anti-terror search linked to the Paris attacks, prosecutors said on Wednesday.

“Two people who were in the (raided apartment) were able to flee,” Belgian prosecutors' spokesman Thierry Werts told a press conference.

He also revealed that the suspect gunned down in a shootout with Belgian police on Tuesday was found with an Isis flag, a Kalashnikov rifle and a book of extremist literature next to his body

Werts said the man had been identified as Belcaid Mohammed, an Algerian national who was was illegally in Belgium.

Werts said that “two persons who were probably in the flat and whose identity is not known fled the scene and are being tracked down”.

Searches throughout the southern district of Brussels found “no results”, he said.

Prime Minister Charles Michel said a vast police operation was still under way in Brussels after the shootout in which four police officers were slightly wounded.

Belgian police are already desperately trying to track down Salah Abdeslam, who escaped to Brussels shortly after the Paris attacks. He is believed to have played a major role in organizing the bloodshed.

Mohamed Abrini, pictured with Abdeslam shortly after the attacks, is also still at large and the subject of a manhunt.

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BUDGET

Eurozone delivers warning to Italy on EU budget rules

Eurozone finance ministers firmly warned Italy on Monday to abide by EU rules on public spending, just days after Rome announced a big spending boost in defiance of Brussels.

Eurozone delivers warning to Italy on EU budget rules
French Finance Minister Bruno Le Maire (left) talks with Italian Minister of Economy and Finance Giovanni Tria in a meeting at the EU headquarters October 1, 2018. Photo: John Thys/AFP

But, meeting in Luxembourg, the ministers also vowed not to rush to judgement on the economic plans laid out by Italy's populist government, which have already spooked markets and put the country's already fragile economy under pressure.

“I just want to make very clear that there are rules and the rules are the same for every state because our futures are linked,” French Finance Minister Bruno Le Maire told reporters ahead of the regular monthly talks with his eurozone counterparts.

However, “rushing is not the best advice,” he said, adding that ministers must move ahead “step by step” before coming down on Italy too strongly.

The fragile state of Italy's economy has reawakened memories of the debt crisis amid dangers that Italy could face punitive measures by its EU partners if it insisted on breaking bloc rules on running excessive deficits and high debt.

“Italy is on everybody's mind,” said Mario Centeno, head of the Eurogroup and Portuguese finance minister.

“I know that we all have questions about it and that we are expecting answers.”

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