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Public debt: how much does it cost? Can France go bankrupt? 7 questions that arise

2024-03-26T11:24:36.185Z

Highlights: In 2023, the public deficit reached 5.5% of GDP, INSEE announced this Tuesday March 26. That is to say a hole of 154 billion euros between budgetary expenditure and revenue. The debt, now at 3,101.2 billion euros, is a record that raises questions. Can France go bankrupt? 7 questions that arise. A mountain of public debt hangs over the heads of the French and future generations. Here's what that entails and how much it will cost.


A mountain of public debt hangs over the heads of the French and future generations. Here's what that entails.


France's public accounts are slipping.

In 2023, the public deficit reached 5.5% of GDP, INSEE announced this Tuesday March 26.

That is to say a hole of 154 billion euros between budgetary expenditure and revenue, which further widens the debt, now at 3,101.2 billion euros.

A record that raises questions.

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Source: leparis

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