In the fourth quarter of 2012, euro area and EU-27 seasonally adjusted government deficits remain stable

In the fourth quarter of 2012, the seasonally adjusted general government deficit to GDP ratio stood at -3.6% in the euro area (EA-17) and -4.2% in the European Union (EU-27). In the previous quarter it stood at -3.7% in the EA-17 and -4.2% in the EU-27. EA-17 and EU-27 general government total revenue amounted to 46.9% and 45.7% of GDP respectively, while total expenditure stood at 50.5% and 49.9% of GDP.