WebWalla - 5:48 pm on Jun 1, 2009 (gmt 0)
Then I would suggest the following solution:
- divide your content into Spanish and French content
- put at least one of these languages in a sub-directory (e.g. www.example.com/fr/)
- add www.example.com/fr/ to Webmaster tools, and use the options in Settings to make the Geographic target France
- do the same for the other language or, if one of the languages is the main one leave it on the root (with sub-directories if necessary, but don't use the /fr/ sub-directory) and set the mainpage to that country in Webmaster Tools.