DATA SNAP: French Debt Reaches 85.8% Of GDP In 2011-Insee
March 30 2012 - 4:11AM
Dow Jones News
French public debt reached 85.8% of the country's gross domestic
product at the end of last year, the country's statistics bureau
Insee said Friday, underscoring the problems European countries are
encountering to re-establish the health of their public
finances.
The country added another EUR24.8 billion to its debt stockpile
in the last six months of 2011, pushing it to EUR1.717 billion,
Insee said.
At the beginning of the acute phase of the financial crisis, in
the third quarter of 2008, France's public debt was still standing
at 67% of GDP.
-By Gabriele Parussini, Dow Jones Newswire,; +33 1 4017
1740;
gabriele.parussini@dowjones.com
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