The French situation

ftalphaville.ft.com/blog/2011/06 … -pyrenees/

I expect the harvests will be down significantly this year, reducing French agri exports.
Wheat looks quite sparse around the north; fruits will likely suffer as well. Could be a good year for wine quality, though expect reduced somewhat quantity.

Their banks ain’t looking too hot either:

There are some good graphs here showing their exposure to the periphery countries also:

zerohedge.com/article/anatom … g-collapse