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France has occasionally been hit by investor concerns that its levels of debt are unsustainable. But recent months have seen a string of solid auctions, as European leaders promised to cut their spending and governments across the continent implemented austerity packages. In recent weeks, though, those concerns have begun to resurface as Spain and Italy have seen their borrowing costs rise. While France is significantly better off than those countries, the size of its economy and its central role in Europe makes any uptick in it borrowing costs worrying.
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