RTTNews - French public debt in the first quarter rose EUR 86.5 billion from the fourth quarter to EUR 1.41 trillion, the statistical office INSEE said Tuesday. The debt accounts for 72.9% of French gross domestic product.
State debt rose to EUR 1.08 trillion in the first three months of the year from EUR 1.03 trillion in the final quarter of 2008. Central agencies made debt worth EUR 156 billion, up from EUR 109.1 billion, while local government debt decreased to EUR 142.8 billion from EUR 146.7 billion.
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