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France’s Deficit Doubles to $187.5 Billion

Posted by Scott Boyd at 8:53 am EST, 11/06/2009

France’s deficit has more than doubled during the first nine months of the year and now stands at 125.8 billion eurod ($187.5 USD). The government blames lower tax revenues and the spending of 30 billion euros ($44.6 billion USD) in stimulus spending.

AFP News

Filed under: Forex Round Up, EUR

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January
5
Today’s Global
Market Events
8:00 am
USD
FOMC Member Hoenig Speaks
8:30 am
CAD
RMPI m/m
1.2% vs. 2.5%
CAD
IPPI m/m
0.5% vs. -0.3%
10:00 am
USD
Pending Home Sales m/m
-2.3% vs. 3.7%
USD
Factory Orders m/m
0.5% vs. 0.6%
All Day
USD
Total Vehicle Sales
11.0m vs. 10.9m
5:30 pm
AUD
AIG Services Index
52.5
7:01 pm
GBP
Nationwide Consumer Confidence
72 vs. 73
GBP
BRC Shop Price Index y/y
0.2%
7:30 pm
AUD
Building Approvals m/m
3.1% vs. -0.6%