French State Budget Deficit Narrows End-March Year-on-Year
May 05 2015 - 3:22AM
Dow Jones News
By Nadya Masidlover
PARIS--France's state budget deficit narrowed over the first
three months of the year compared with the corresponding period in
2014, as spending fell and tax revenue rose.
The deficit fell to 26.3 billion euros ($28.9 billion) at the
end of March from EUR28 billion in the same period a year earlier,
said France's budget ministry.
Spending dropped by EUR200 million and tax revenue grew by
EUR600 million over the first three months of the year, compared
with the same period in 2014.
Nadya Masidlover at nadya.masidlover@wsj.com