With the surrender of France comes the spoils of war, the MPP didn't feel like it went very far and I'll aggressively have to prepare for Barbarossa. Germany just this past turn achieved Advanced Tanks II, so I re-invest and also purchase a chit in Armoured Warfare and a 3rd diplomacy chit in Spain. For units I purchase 2 HQ and 6 Infantry Divisions. The reason I decided to max out the Divisions is that there are some additional scripted divisions which will let me go over my limit, this way these purchased divisions can be left to garrison France and I can basically set and forget for quite a while and focus almost purely on reinforcing the Armies in USSR during 1941-42.
After Vichy was established, the UK launched operation catapult driving a number of the Vichy States closer to the Axis, the US has taken a more diplomatic approach and has formally recognized the Vichy government. Italian morale begins to improve after French surrender and has also achieved Infantry Weapons I, we may be able to expect some better results in the North African campaign soon, as the current full on attack on Mersa Matruh is not providing the best results. The cost of operating air units in the mod are very high, so German Bombers are not going to show up anytime soon, they are however moving down the Italian coast towards Malta. German Maritime Bombers are already in Southern Italy, which marginally damaged a British Carrier and assisted in spotting a larger British task force in the Iberian Sea, providing targets for Italian submarines which managed to strike British Battleships for 2-2 and 3-3 results before returning to port.
With Spain 79% Axis leaning I am considering what would be the best use of my diplomacy chits of Italy and the remainder of Germany. I abandoned thoughts of Greece early on,it's late to target Yugoslavia and with Portugal joining the Allies I do not have to worry about protecting trade over the Iberian Peninsula. The only options that really remain are Sweden, Turkey, Switzerland and Vichy. Turkey and Switzerland are more conservative targets, to protect trade (Switzerland) and prevent Turkey from eventually joining the Allies. Sweden and Vichy could potentially join the Axis if I am committed enough. I think at this time I will sit on my chits and be a bit reactive to where the Allies try to intervene, but will re-visit in the near future if the political leanings change.