French public debt hits 93.6pc of GDP

30 Jun, 2014

PARIS: France's public-sector debt rose in the first quarter to stand at 93.6 percent of economic output from 91.8 percent in the previous three months, the INSEE statistics agency said on Monday.

The government expects the nation's debt burden to peak at 95.6 percent of gross domestic product this year and remain at that level in 2015 before gradually falling.

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