Under FIFA rankings England would be 4th. It's England that have the straight forward group.
Hart is one of the best goalkeepers in the world. It's unfortunate that Cahill got injured, he's played really well against the best players in the world in the champions league. Terry needs protection from pace that he will probably not get, and he has suffered this season. Ashley Cole is the best left back in the world. Lescott and Glen Johnson are suspect defensively, going forward Glen Johnson is impressive, he can cross the ball and shoot so the fullback for the opposition has to have cover.
Parker works extremely hard for the team, but I'm not sure at all about the midfield pairing. Gerrard destroys teams that don't have a destructive player that can handle him, and Diarra can't. Downing will disappoint, and Milner will make the team extremely solid defensively but completely unbalanced going forward. You can get very far in tournaments against European opposition by playing defensively, look at Fulham under Hodgson in the Europa cup getting to the final with a fraction of the resources of other teams or Chelsea in the Champions League getting to semi-finals all the time, and two finals.
Rooney is out for the first two games but he's one of the best players in the world, and some of the play with Ashley Young or Welbeck has been about as good as football can be. England will struggle for goals from the strikers.
France are behind Croatia, Denmark, Portugal, Italy, and Russia in the FIFA rankings.
France don't look great defensively, every time I see Mexès in the champions league he seems to have a terrible time, Evra has had a bad season by his standards and Clichy is suspect defensively, both are liable to make mistakes. Koscielny has had some great games this season, but struggling with injury has had really poor performances too.
France's midfield has some quality players that under perform spectacularly frequently. Ribéry, Nasri, Malouda, and Ben Arfa can win games with a level of skill not often seen, but can also look like they don't belong on a football pitch. Diarra has shown his poor quality for Chelsea, Arsenal, and Real Madrid. Cabaye has had a fantastic season, he could impress in this tournament.
Benzema is in impressive form this season, after not performing to his capabilities previously, he's definitely one to watch this tournament. Giroud is full of goals but can he perform at a high level? It remains to be seen. Laurent Blanc is one of the better managers coming to the tournament, if France perform well it will be down to him, not the quality of the squad.
Netherlands are my favourites to win the competition. Fernando Torres looked like getting back to his former quality at the end of this season, if he could play as well as he did for Liverpool then Spain would be almost unstoppable, but without that they're going to struggle because without David Villa they might not have even gotten out of the group stage in the world cup let alone won it. Germany will over perform as always, and I think they're second favourites to win it. It will be interesting to see who qualifies behind Spain, I think they will be the dark horses of the tournament.