France experiences slight increase of budget shortfall

Note: This section contains information in English only.
Source: Marketwatch
The budget deficit of the second largest euro economy increased a little in a period of five months, while the country is implementing changes in its tax system to close the deficit and reach EU targets. France`s budget gap expanded to EUR69.6b. The country has reported EUR7.2b of extra taxes revenues in 2012, although growth is to decelerate to 0.3%.

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