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Sunday, 6 May 2012

Socialist Francois Hollande wins French presidency

French socialist Francois Hollande has won a clear victory in the country's presidential 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. Continue reading the main story At the scene Christian Fraser Socialist HQ, Paris The excitement has been building for two weeks, it was mixed with relief and perhaps some disbelief when the first estimate was broadcast. They have waited 17 years for a Socialist president. More than 350 polls published since the beginning of this campaign said he would win - still they cannot quite believe it. President Hollande: "It still takes some getting used to," said Senator Helene Conway-Mouret. "A year ago you would never have dreamed it." A teacher and a lifelong Socialist was standing next to me as the result came in - he wept. "It's an incredible moment," he said. "Not just for the Socialist Party but for France, for Europe. " In over 30 years in politics Mr Hollande has never served as a minister. For much of his tenure as the party's first secretary from 1997 to 2008 he was seen as a consensus manager - a listener more than a visionary. Now he must lead, making tough choices to put France on the path to recovery. Turnout was about 80%.

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