France's public debt reached approximately €3.3458 trillion at the end of the first quarter of 2025, marking an increase of €40.5 billion compared to the end of 2024, according to data released by the National Institute of Statistics and Economic Studies (Insee). This debt level corresponds to 114% of the country's gross domestic product (GDP). The public deficit for 2024 stood at 5.8% of GDP, totaling €168.6 billion, which exceeds the maximum limit set by European Union rules. French authorities, including Prime Minister François Bayrou, have expressed concern over the rapid growth of debt and the country's increasing dependence on public spending. Analysts have noted that while other European countries such as Canada, Sweden, and Portugal have implemented radical measures to address budgetary challenges, France has so far relied on less substantive cost-saving measures. The situation has raised warnings about the potential risks to France's economic stability if decisive fiscal reforms are not undertaken.