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France's public debt soars to a record 119% of GDP

France's public debt reached 3,595.5 billion euros at the end of June, Insee said, a record high that is set to keep rising as the outlook worsens.

  • France's public debt hit a record 3,595.5 billion euros by end of June 2026
  • Debt reached 119% of GDP, highest since 1946 post-WWII
  • Central government and social security debt increased, local authorities debt decreased

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