We will have to get used to the new orders of magnitude of public finances!
In the second quarter of 2021, the French public debt increased by nearly 24 billion euros, reaching a new historical record of 2,762 billion.
According to government forecasts, the symbolic threshold of 3 trillion euros in public debt should be crossed in early 2023.
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In terms of ratio, the debt reached, at the end of June, some 114.9% of GDP, against 118.1% three months earlier.
This slight improvement in percentage is explained by the recovery of the denominator of the fraction: growth.
In the second quarter, economic activity increased, under the impetus of the reopening of establishments which were closed for health reasons, by 1.1%.
This new surge in public debt is the corollary of the massive policies implemented during the epidemic: solidarity fund, partial activity, recovery plan ... Under their weight, the stock of French debt
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