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French June current account deficit widens on BNP fine
August 12, 2014 / 7:27 AM / in 3 years

French June current account deficit widens on BNP fine

PARIS, Aug 12 (Reuters) - France’s current account deficit widened in June to 7.4 billion euros ($9.9 billion) due to bank BNP Paribas having to pay a large fine in a U.S. sanctions busting affair, the Bank of France said on Tuesday.

Without the fine, the current account deficit would have been 3.1 billion euros, narrowing slightly from a revised 3.3 billion in May. (1 US dollar = 0.7482 euro) (Reporting By Nicholas Vinocur; Editing by Andrew Callus)

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