Socialist Hollande triumphs over Sarkozy in France

Socialist Hollande triumphs over Sarkozy in France

Paris : France | May 06, 2012 at 11:36 AM PDT
Views: Pending

The elections in Greece and France will probably rattle markets tomorrow (May 7). Francois Holland has been elected president in France. He is the first socialist president in two decades. The defeat is a humiliation for the incumbent Sarkozy.

Hollande won with between 52 and 53 per cent of the vote. Sarkozy received about 48 per cent. The last polls were close to that with a gap of about 5 per cent between Sarkozy and Hollande. Hollande had led throughout the campaign with Sarkozy being the first incumbent to ever lose a first round ballot!

Hollande vows to renegotiate the fiscal austerity pact a vow that worries EU leaders. Hollande also will increase taxes on the rich and hire some 60,000 teachers. For much more see this article.

1 of 1
François Hollande
François Hollande
From: A. Bouirabdane
northsunm32 is based in Brandon, Manitoba, Canada, and is an Anchor on Allvoices.
Report Credibility
  • Clear
  • Share:
  • Share
  • Clear
  • Clear
  • Clear
  • Clear

News Stories

  • Hollande projected to win French poll

      Al Jazeera
    07 Polling stations closed across France Sunday for the final round of a presidential election that estimations said gave victory to Socialist challenger Francois Hollande over incumbent Nicolas Sarkozy. Hollande was elected France's first Socialist...
  • Hollande 'wins French presidency'

    He got about 52% of votes in Sunday's run-off, according to projections based on partial results, against 48% for centre-right incumbent Nicolas Sarkozy. Mr Hollande would be the first French socialist president since 1995. Analysts say the vote has...
  • Projections suggest Hollande wins French election

      AP Online
    Partial results and polling agency projections suggest Socialist Francois Hollande has won France's presidential election against conservative incumbent Nicolas Sarkozy. A Hollande victory could change how Europe tackles its debt crisis...
  • Sarkozy expected to be defeated as France votes

    Voters across France have begun casting ballots in a presidential run-off election that polls suggest will see Socialist challenger Francois Hollande defeat incumbent Nicolas Sarkozy after just one term. Polling stations opened in mainland France at...
  • France's Voter Turnover Reaches 72%

    The voter turnover in France's presidential runoff has reached 71.96% at 5:00 pm local time, according to the country's Interior Ministry. A total of 70.59% of the French voters had cast their ballots by 5 pm on April 22 when the first round took...
  • Vis-a-vis a la Francais: France chooses president

      Russia Today
    Christians unknowingly eating halal meat, 100 per cent taxes on the rich, Nicolas Sarkozy and Carla Bruni pretending to be a down-to-earth couple the French election campaign has turned into a parade of faintly ridiculous controversies...The...



More From Allvoices

Report Your News Got a similar story?
Add it to the network!

Or add related content to this report

Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc. 2008-2014. All rights reserved. Powered by PulsePoint.