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And while the level of productivity is high, the rate of increase has slowed as it has in other developed economies. Cheap borrowing, big debt The government's finances are also a nagging issue in France. It's true the government's borrowing costs are not high. One widely used measure is the yield or return in the financial market on government bonds or debt due for repayment in 10 years. It's below 1%, significantly better than the eurozone countries that have (or recently had) more pressing debt problems, such as Spain, Italy, Portugal or Greece. In fact, for some shorter term borrowing the

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