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The cheapest would be some MiniVPS OVH OpenVZ offer http://www.minivps.co.uk/openvzvps.php
OpenVPN work here without issues. IPv6 available and it work well on their nodes with newer kernel (vswap nodes) but not with their older burstable nodes.
Another suggestion would be LusoVPS and their cheap OVH Xen offer http://www.lusovps.com/vps-starter-france.html IPv6 also available.
Both suggested companies are more than a year around and have relatively good reputation.
edit.
Oh, and I almost forgot, Edis have also .fr location however I am not sure if their IP will be everywhere recognized as French http://www.edis.at/en/server/kvm-vps/france/
No so much available stock.... but a big thanks @Spirit !
Edis' testip geolocates to France, check for yourself http://fr.edis.at/
got one at EDIS for .fr - here is an IP from my VPS: 158.255.215.xx - if that helps.
https://raymii.org/cms/p_IPSEC_L2TP_VPN_on_ubuntu_12.04 - if you need a tutorial on setting up a VPN.
@Raymii ... I guess I'm going to use my own scripts :-D
+1 for minivps,they are really nice.
Thanks for the recommendation guys.
We'll be launching a VPN brand soon to cover people not wanting to run their own VPS but wanting a cheap VPN. Keep your eyes peeled