The eurozone's public deficit during the first three months of the year was in line with the region's budget target for the third-consecutive quarter as the currency bloc emerges from a long-running debt crisis, dpa cited data released Wednesday as showing. The eurozone's total public deficit stood at 2.7 per cent of its gross domestic product (GDP), slightly higher than the 2.6 per cent in the final quarter of 2013, the EU statistics office, Eurostat, said. The Maastricht Treaty sets a debt limit of 3 per cent of GDP for euro member states. The region's combined deficit stood at 3.1 per cent of GDP in the first quarter of 2013.
