France has had a string of fifty years of deficits, since the last surplus budget dates back to 1974. Public debt increased from 20% of GDP in 1980, to 58% in 2000, 85% in 2010 and 112.4% at the end of 2023.

France reacted to the shocks of recent decades by… This article is reserved for subscribers. You have 85% left to discover. Flash sale -70% on digital subscription I ENJOY IT Already subscribed? Log in.