France has run a budget deficit for over 35 years; Debt/GDP ratio over 80% from 30% in the mid-1970s
Sep 10th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The persistence in France of a budget deficit for over 35 years, has pushed the ratio of government debt to GDP (gross domestic product) to over 80%, up from 30% in the mid-1970s.