What is the total amount of the debt that CADES has assumed? 

CADES is responsible for refinancing 84.6 billion euros in social security debt, which includes a forecast deficit of €15 billion for 2005 and 2006. In addition, CADES has assumed 16.77 billion in debt on behalf of the French State. On April 1, 2003, CADES paid ACOSS and various social security funding organizations 1.28 billion euros, and will pay an additional 1.1 billion euros on April 1, 2004.

This debt, thus totaling 103.75 billion euros , is gradually being extinguished