Loading
30-Sep-2010 1:28 PM

French Government deficit to decline in 2011

French Budget Ministry stated (29-Sep-2010) the government budget deficit would decline to EURR92 billion, or 6% of GDP, in 2011, from EUR152 billion, or 7.7% of GDP, for the largest budget deficit reduction in two decades. The reduction stems mainly from the end of recession stimulus and one-time investments. Tax revenue and spending will remain virtually unchanged.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More