French media reported on July 4, the French government recognized in the 2012 budget amendments to the draft law submitted on the same day, in 2013, public debt accounted for the proportion of French gross domestic product (GDP), will exceed 90% for the first time, reaching 90.6%highest level in history.
The draft is expected, as of the end of 2012, the public debt-GDP ratio was 89.7%. 2013, the proportion of France's public debt will gradually fell to 2017 is expected to 82.4%.
It is also expected that the 2012 and 2013, the proportion of gross domestic product of France's public deficit will be 4.5% and 3%, to 2.25 percent in 2014, 2015 and 2016, respectively, reduced 1.5% and 0.75%.
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