All eurozone states have reduced their debt-to-GDP ratio in 2022. But the French effort appears much lighter.

The debt ratio of French non-financial companies is 154%, against 109% for Germany, or 134% for Spain. The study shows that all states have reducing their debt. But France was content with a very small slimming cure, with the smallest decrease in the euro zone of 1.3 points. The French debt ratio is down 5.1 points compared to 2021. In Spain, the decline even reached 12 points.