#header .foot-text { line-height: 2.5em; }
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As for translating please see this answer https://support.apollo13.eu/discussion/5484/privacy-policy-link-translation
As for customizing, these links are part of the footer, so you will be able to change font-size for them in Appearance → Customize → General settings → Footer → Font size in lower part.
As for increasing spacing try using this Custom CSS: Hope that helps.
With kind regards.