The Limited Times

Now you can see non-English news...

Debt at 110% of GDP: “We are very far from the path of Greece”

2024-03-26T19:35:19.615Z

Highlights: Debt at 110% of GDP: “We are very far from the path of Greece”. Alexandra Roulet, economist, deciphers the figures published this Tuesday morning by INSEE. With a public deficit, for France, of the order of 3,101.2 billion euros, is it serious? A deficit of 5.5 per cent of GDP, is that serious? You need to be logged in to read the rest of this article. You must be a subscriber to the French Daily Mail to read this.


Alexandra Roulet, economist, deciphers the figures published this Tuesday morning by INSEE. With a public deficit, for France, of the order of


The news was expected but the figures published this Tuesday by INSEE confirm it: France's public deficit reached 5.5% in 2023, at 154 billion euros.

Much more than the 4.9% initially planned by the government, and the 3% imposed by the European Union.

This hole of 154 billion euros between budgetary expenditure and revenue widens the debt even further, now at 3,101.2 billion euros.

Alexandra Roulet, professor of economics at Insead and former advisor to Élisabeth Borne at Matignon and Emmanuel Macron, puts these bad figures into perspective.

A deficit of 5.5% of GDP, is it serious?

Subscribe

Already subscribed?

To log in

Source: leparis

All business articles on 2024-03-26

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.