ECONOMY - FINANCE / (ae) economy

Public deficit stands at 2.5% of gDP in EU18 and 3% in EU28

Brussels, 24/10/2014 (Agence Europe) - Seasonally-adjusted public deficits in the eurozone and the European Union fell slightly in the second quarter of 2014 compared with the first quarter, to 2.5% and 3% of GDP respectively, according to figures released by the European Union's Statistical Office (Eurostat) on Friday 24 October using ESA 2010 methodology.

In the second quarter of 2014, total government revenue in the eurozone amounted to 46.6% of GDP, compared with 47.6% in the first...