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  • As a strategic member of the Eurozone, France is a threat to EU because of its large public sector that encompasses 57 percent of GDP. The socialist president Francois Hollande was elected on the promise of a 75 percent income tax on the rich, higher taxes on companies, wealth, capital gains, and dividends, a higher minimum wage, more entitlements, and the rollback of the Sarkozy measure to increa
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