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Image header Agence Europe
Europe Daily Bulletin No. 11234
Contents Publication in full By article 22 / 37
ECONOMY - FINANCE - BUSINESS / (ae) economy

Average euro area deficit at 2.3% of GDP in third quarter of 2014

Brussels, 20/01/2015 (Agence Europe) - In the third quarter of 2014, the seasonally adjusted general government deficit stood at 2.3% of GDP in the euro area, down from the second quarter of 2014 (2.5%), according to data published by the statistical office of the EU (Eurostat) on Tuesday 20 January.

The public deficit to GDP ratio was down slightly in the EU28, to 2.9% of GDP in the third quarter of 2014, compared to 3.0% in the previous quarter.

Over this period, total government revenue...

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