France's public debt was expected to climb to nearly two trillion euros ($2.7 trillion) by the end of 2014, or 95.1 percent of GDP, far higher than previous government estimates, the Le Figaro daily reported Tuesday, reports GlobalPost.
Previously, Paris had said the figure would stand at 94.3 percent of gross domestic product (GDP).
In response, French Finance Minister Pierre Moscovici said the country's public debt will reach "maximum" levels before coming back down.
At the end of 2012, the debt amounted to 90.2 percent of GDP, and the new figure will be a rise of more than 120 billion euros over two years, according to the report.
Read more of this AFP report published by GlobalPost.