Socialist Francois Hollande wins French presidency

Posted on May 6, 2012

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French socialist Francois Hollande has won a clear victory in the country’s presidential

Français : Francois Hollande - Mardis de l'ESSEC

election.

Mr Hollande – who got an estimated 52% of votes in Sunday’s run-off – said the French had chosen “change”.

Admitting defeat, centre-right incumbent Nicolas Sarkozy wished “good luck” to Mr Hollande.

Analysts say the vote has wide implications for the whole eurozone. Mr Hollande has vowed to rework a deal on government debt in member countries.

Shortly after polls closed at 20:00 (18:00 GMT), French media published projections based on partial results giving Mr Hollande a lead of almost four points.

Turnout was about 80%.

Exuberant Hollande supporters gathered on Place de la Bastille in Paris – a traditional rallying point of the Left – to celebrate.

Mr Hollande – the first socialist to win the French presidency since Francois Mitterrand in the 1980s – gave his victory speech in his stronghold of Tulle in central France.

BBC News

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