NEW YORK ( BBH FX Strategy) -- Eurozone stresses are back in the spotlight with a report on France that was issued by Moody's late in the North American afternoon Monday. It was not a rating action but rather an annual update on the state of the country.The agency noted that France's financial strength has weakened from the impact of the financial crisis, and that its debt metrics are "now among the weakest of France's Aaa peers." While Moody's said that France's financial strength remains "very high", it notes serious challenges in the coming months due to the likely the need to provide additional support to other eurozone sovereigns (European Financial Stability Facility contributions) or to its own banking system. The punch line is that "The deterioration in debt metrics and the potential for further contingent liabilities to emerge are exerting pressure on the stable outlook of the government's Aaa debt rating." Moody's added that it will monitor and assess the stable outlook over the next three months.