In the first quarter of 2013, euro area and EU-27 seasonally adjusted government deficits decrease

In the first quarter of 2013, the seasonally adjusted general government deficit to GDP ratio was -3.5% in the euro area (EA-17) and -3.8% in the European Union (EU-27). In the previous quarter it was -3.7% in the EA-17 and -4.2% in the EU-27. In 2013Q1 EA-17 and EU-27 general government total revenue amounted to 46.5% and 45.3% of GDP respectively, while total expenditure amounted to 50.0% and 49.1% of GDP.

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