January 17, 2006

Deficit...
The French governments figures have come out, and they're running a deficit of 45 billion Euros (about $63 billion CDN). However, this is better than the original estimate, so they are relatively happy. And we thought we had budget problems in Canada!

1 comment:

tim said...

We are actually quite well off because at least we are running a yearly surplus. We are not paying down the principal of the debt as fast a I would like to see but we are way ahead of the curve compared to most any other industrialized country.