The French government pushed back its deadline for reducing its budget deficit to 3% of Gross Domestic Product by 2015.

“The French economy has shown great resilience during the global financial crisis but the pace of recovery has been slow,” the IMF said in a statement.

If France is a concern, investors can customized their European market exposure with country-specific ETFs. For instance, one can find ETFs for all the peripheral states, including the iShares MSCI Spain Capped ETF (NYSEArca: EWP), iShares MSCI Ireland Capped ETF (NYSEArca: EIRL), iShares MSCI Italy Capped ETF(NYSEArca: EWI), Global X FTSE Greece 20 ETF (NYSEArca: GREK) and iShares MSCI Spain Capped ETF (NYSEArca: EWP).

Investors can also find ETF options for the more stable developed Eurozone economies, including iShares MSCI Germany ETF (NYSEArca: EWG), iShares MSCI Netherlands ETF (NYSEArca: EWN), iShares MSCI Belgium Capped ETF (NYSEArca: EWK), iShares MSCI Finland Capped ETF (NYSEArca: EFNL) and iShares MSCI Austria Capped ETF (NYSEArca: EWO).

iShares MSCI France ETF

For more information on the Eurozone, visit our Europe category.

Max Chen contributed to this article.