24.12.2013 11:59:16
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French Debt To GDP Ratio Declines In Q3
(RTTNews) - France's debt to gross domestic product ratio fell to 92.7 percent in the third quarter from 93.5 percent in the second quarter, the statistical office Insee said Tuesday.
At the end of the third quarter of 2013, the Maastricht debt reached EUR 1,900.8 billion, a EUR 11.4 billion decrease in comparison to the second quarter.
The State's contribution to the debt dropped by EUR 9.3 billion in the third quarter and the contribution to debt of central agencies went down by EUR 1.3 billion. Local government units contribution to debt remained steady.