Mark Grant (ZeroHedge) has followed up on articles into Germany’s and Spain’s real debt/GDP as opposed to the government spin figures by concentrating on France this week. The figures are below.
France
The Official French GDP $2.774 trillion
FRANCE’S NATIONAL DEBT
Admitted Sovereign Debt $2.261 trillion
Loans to the Nation $214.9 billion
Admitted Bank Guaranteed Debt $479 billion
Dexia Guarantee $55.48 billion
Total National Debt $3.010 trillion
FRANCE’S EUROPEAN DEBT
France’s Liabilities at the ECB $569 billion
France’s cost for the EU Budget $23.2 billion
France’s Liabilities for the Stabilization Funds $110 billion
France’s Liabilities for the Macro Fin Ass. Fund $203 billion
France’s Guarantee of the EIB Debt $137.6 billion
France’s Total European Debt $1.043 trillion
France’s National and European Debt $4.053 trillion
France’s Official Debt to GDP Ratio 86.1%
France’s ACTUAL Debt to GDP Ratio 146%
Harvey Ravetti
Apr 04, 2012 @ 17:23:38
Thanks for all your efforts that you have put in this. Very interesting info. “Do not consider painful what is good for you.” by Euripides.
SVIBThm
Apr 05, 2012 @ 13:57:14
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