Why was France in debt

It runs persistent primary budget deficits and its sluggish economic growth.Insee said the rise in the public sector debt was mostly due to central government spending, with local authorities and the social security system adding much less to the debt mountain.In 2018, the national debt of france amounted to around 2.55 trillion u.s.At the same time, the country's net debt to gdp was 87%.War finance (france) though it entered war with an already important public debt, france managed its growth in ways comparable to that of other main warring powers, mixing monetary financing, internal and external debt.In the preceding decades attempts to bring the state's financial position under control had failed and france had a crushing debt and a massive deficit.

French national debt is now 85% of gdp.Up to q4 2011 public sector debt is 85% of gdp in 2011