France's public debt amounts to more than 3 trillion euros, with "50 billion in interest to pay" each year. This was stated by Prime Minister Michel Barnier speaking on France 2."Our country is in a very serious situation," he noted.According to the channel, the country's debt amounts to almost 3.160 billion euros.The head of government did not rule out the possibility that in order to remedy this, "the wealthiest people would have to participate in the national effort.""I do not want to aggravate the double ecological and financial debt, so we must make a collective effort to control spending, this can be done in particular with targeted levies on wealthy individuals, or certain large companies," he explained."I am not going to increase taxes further on all French people who already pay the most taxes of all European partners," Mr Barnier also assured, "neither on the poorest people, nor on people who work, nor on the middle classes."Source: Burkina Information Agency
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