I live in France and I use the Europe/Paris timezone, like most french ;)

Since 3.12.1 (I guess), and update of timezone-data from 2014b to 2014c (but I saw nothing in the 2014c Europe timezone that was suspect in comparison to 2014b), the time that is displayed is *almost* UTC.

*almost* == UTC+00:09:21

As you can see in the attachment, the selected timezone is Europe/Paris, and the screen displays "UTC+00:09:21" instead of "UTC+02:00:00".

In the 2014c data europe file, I can find stuff like:

# Zone	NAME		GMTOFF	RULES	FORMAT	[UNTIL]
Zone	Europe/Paris	0:09:21 -	LMT	1891 Mar 15  0:01
			0:09:21	-	PMT	1911 Mar 11  0:01  # Paris MT

But I find the same is the 2014b, even in 2013i. So I guess that somehow, the Gnome interpretation of the file changed.