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%

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