IREF - Institute for Research in Economic and Fiscal issues
Fiscal competition and economic freedom
This is the amount of increase of the French public debt from 2008 to 2009. It represents 10 GDP points. While making a lot of noise about the 22 billion contracted for the recovery plan, the government kept quiet about the rest, that is, 168 714 500 000 € that went for current expenses of the State, local administrations and social security.