measures to support the economy in the face of the health crisis will severely affect public finances. The French debt is going to "undoubtedly" exceed the threshold of 115% of gross domestic product by the end of the year, has warned Gérald Darmanin, minister of the Action and of the public Accounts.read more : professionals are coming to the wave of bankruptcies
"The debt, it is the expenses that we made, and it is a lot, and the recipes that I did not. In this crisis there is a kind of effect chisel, you spend more and you have less tax revenue because there's less activity," he explained to the Grand Jury RTL-Le Figaro-LCI. And, "this will be more than 115% certainly", while refusing to give a more precise estimate: "such things are too important to be able to make comments with the wet finger", he said, while the 115% is provided by the last amending budget in date.