Flemish Liberals and Democrats

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Description from Wikipedia:

The Vlaamse Liberalen en Democraten or OpenVLD (Flemish Liberals and Democrats) is a Flemish liberal party, created in 1992 from the former Party for Freedom and Progress (PVV) and a few other politicians from other parties.
The party has been part of the government continuously since 1999; it led the government for three cabinets under Guy Verhofstadt from 1999 until March 2008. It most recently formed the Federal Government from June 2003 through 2007 with the cartel SP.a-Spirit, the Walloon Socialist Party (PS) and the liberal Reformist Movement (MR). In the Flemish Parliament the VLD formed a coalition government with SP.a-Spirit and Christian Democratic and Flemish (CD&V) after the 2004 regional election. Currently, VLD is a member of the Leterme I Government formed on 22 March 2008.

Ideologically, the VLD started as a right-wing, somewhat Thatcherite party under its founder, Guy Verhofstadt. On economic issues the VLD rapidly became more centrist and gave up much of its free-market approach, partly under the influence of Verhofstadt's political scientist brother Dirk Verhofstadt. Party chairman Bart Somers called in November 2006 for a "revolution" within the party, saying that "a liberal party," like the VLD, "can only be progressive and social."

On 19 June 2004 the VLD successfully negotiated a regional coalition government with CD&V/N-VA, the Christian democrats and moderate nationalists, and with the social democratic SP.a-Spirit. In a federal cabinet reshuffle in July 2004, VLD chairman Karel De Gucht replaced Louis Michel (MR) as minister for Foreign Affairs. Former Flemish Minister-President Bart Somers is the new party chairman.