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French public debt rose in the first quarter to 98.9% of GDP

The French public debt increased by 62.3 billion euros during the first quarter, equivalent to 2.6 points of gross domestic product (GDP), and came to represent 98.9% of the The National Institute of Statistics (INSEE) announced today.

Paris, June 30 (EFE) .- The French public debt increased by 62.3 billion euros during the first quarter, equivalent to 2.6 points of gross domestic product (GDP), and went to (INSEE).

At the end of March, the French public debt totaled 2.2096 trillion euros, compared to 2,1472 trillion three months earlier, and that increase was mainly due to the state administration, with an increase of 49.5 billion euros, INSEE said in a statement.

Social Security, for its part, helped to raise the public accounts hole by 15 billion euros, while public hospitals reduced their red numbers by 300 millions. Before the effects were felt in 2008 it had been below 65% of GDP.

Finance Minister Gérald Darmanin recalled that it amounts to 32,000 euros per inhabitant, and That two thirds of the total is in the hands of foreigners, in an interview today to "BFMTV" and "RMC".

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