France's public debt rises to 91.7 pct of GDP in Q1

PARIS, June 28 (Xinhua) -- In the January-March period in 2013, France's public debt rose to 1.87 trillion euros (2.45 trillion U.S. dollars), or 91.7 percent of GDP, official data showed on Friday.

According to Insee statistics bureau, the country's debt increased by 36.5 billion euros, pulling the debt-to-GDP ratio up by 1.5 percentage points from the fourth quarter of last year.

The first quarter's cost of security funds increased by 2.4 billion euros while the value of the government's net debt was at 1.69 trillion euros, or about 83.3 percent of GDP compared to 82.4 percent in the previous three months.

The government expected public debt to account for 91.3 percent of GDP in 2013. (1 euro = 1.31 U.S. dollars)

We Recommend:
'All in Tuning All in Caravanning' Show	HK's new cruise terminal receives luxury liner	Huawei unveils thinnest smartphone in Singapore
Airbus A350 lands safely from test flight in S. France	Special coverage: China-EU solar row	Highlights of ATC Show 2013
Top 10 luxury villas of China in 2013	Turn rabbit to 'gold' - A young entrepreneur's goal	Hilton to open 120 new hotels in China