The French budget deficit declined to EUR 24.2 billion during the first two months of 2012 from around EUR 28 billion in the previous year, the budget ministry said Friday.
Spending totaled EUR 63.6 billion, up from EUR 57 billion a year earlier. Likewise, revenue rose to EUR 45.4 billion from EUR 40.2 billion.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.