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Public debt increases reaches 3,345.8:
France’s public debt reached 3,345.8 billion euros at the end of the first quarter of 2025 to set out at 114% of the gross domestic product (GDP). Nevertheless, an increase of 40.5 billion euros compared to the end of last year, the INSEE announced on Thursday.
France’s public debt reached 3,345.8 billion euros at the end of the first quarter of 2025 to set out at 114% of the gross domestic product (GDP). Moreover, an increase of 40.5 billion euros compared to the end of last year, the INSEE announced on Thursday. Consequently, The debt had increased by 3.8 billion euros in the fourth quarter of 2024 to 3,305.3 billion euros, or 113.2% of GDP, according to the National Institute of Statistics.
France. dunce in terms of deficit – Public debt increases reaches 3,345.8
This information is disseminated while the French government, in search of a budget for 2026 and threatened with censorship by the left after the failure of the negotiations on pensions between the social partners, brings together a “alert committee” this Thursday on the vagaries likely to affect public finances.
The second economy in the euro zone behind Germany is also one of the dunce in deficit. France’s public deficit (5.8% of GDP) was the worst in the euro zone last year. The government intends to bring it back under the European ceiling of 3% of GDP by 2029, after 5.4% of GDP in 2025 and 4.6% in 2026.
Debt of administrations also growing
In the first quarter of 2025. the state’s contribution to public debt public debt increases reaches 3,345.8 increased by 36.7 billion euros after a drop of 3.7 billion euros in the previous quarter. Additionally, The debt of local public administrations also increased (+600 million). but less strongly than in the previous quarter where it had believed almost 12 billion euros.
It is the same for the debt of social security administrations which increased by 3.3 billion euros against a drop of 5.5 billion euros in the previous quarter. On the other hand. the debt of various organizations of central administration is stable, and even decreases slightly by 100 million euros after having increased by 1.1 billion in the previous quarter.
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