Actually, Greece will become a much bigger problem than France. Hollande will not have the two year long grace period that Mitterrand had when he became president. Hollande has already spoken in favour of fiscal discipline (how that will be enacted in reality is a different thing, but right now, in the EU, it is the discourse that sets the course) and Merkel has been willing to support an increase in funds of the European Investment Bank, whose policies actually strongly support SMEs, something that Germany likes.
Greece on the other hand has finally disintegrated. It's a question if a coalition can even be formed and if it can, what kind of policies will it actually be able to put in place. So, say goodbye to the two month grace period we had and prepare once more to breathe heavily on Fridays. It helps when following the developments in the European Council.
