The wall of 3000 billion euros of public debt is approaching a senator's train.
Slowly but surely.
In the third quarter of 2022, French debt increased by 40 billion to reach 2,956.8 billion, i.e. 115.9 billion more over one year, but 581.9 billion more compared to the end of 2019. In terms of national wealth , the public debt now represents no less than 113.7% of GDP, ie 0.4 points more over three months, but 1.9 points less over one year.
To discover
Prime Macron 2022: conditions, amount, date of payment... how does it work?
“The increase in the debt-to-GDP ratio stems from the increase in debt but also from the slowdown in GDP growth, at +0.2% this quarter against +0.5% in the previous quarter. The relatively good growth in the second quarter was combined with a limited increase in debt, of 6.2 billion euros, leading to a reduction in the debt-to-GDP ratio”
, nuance Sébastien Boch, economist at the Asterès cabinet.
Policy of “whatever it costs” obliges, the debt has however…
This article is for subscribers only.
You have 84% left to discover.
Cultivating your freedom is cultivating your curiosity.
Keep reading your article for €0.99 for the first month
I ENJOY IT
Already subscribed?
Login
