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France's Cope trims 2006 budget deficit estimate to around 37-38 bln eur


Published : Fri, 12 Jan 2007 09:26
By : Agencies
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PARIS (AFX) - French budget minister Jean-Francois Cope trimmed his estimate of the 2006 budget deficit to around 37-38 bln eur, noting it would probably be closer to 38 bln, from an estimate he made Jan 3 of 38-39 bln.

He made today's comment on France Info radio.

France's initial budget forecast for 2006 was for a deficit of 46.9 bln eur. This was officially narrowed to 42.4 bln in late December, largely because tax receipts proved higher than expected.

paris@afxnews.com

mjs/hjp

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