ONTD Political

Socialist François Hollande Wins French Presidency

3:14 pm - 05/06/2012

Socialist François Hollande has been elected as France's new president.

He got about 52% of votes in Sunday's run-off, according to early projections, against 48% for centre-right incumbent Nicolas Sarkozy.

Mr Sarkozy has admitted defeat, saying: "François Hollande is the president of France and he must be respected."

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.

Exuberant Hollande supporters have already converged on Place de la Bastille in Paris - a traditional rallying point of the Left - to celebrate.

Nicolas Sarkozy says François Hollande must be respected as the new president
Mr Hollande capitalised on France's economic woes and President Sarkozy's unpopularity.

The socialist candidate has promised to raise taxes on big corporations and people earning more than 1m euros a year.

He wants to raise the minimum wage, hire 60,000 more teachers and lower the retirement age from 62 to 60 for some workers.

Mr Hollande has also called for a renegotiation of a hard-won European treaty on budget discipline championed by German Chancellor Angela Merkel and Mr Sarkozy.

In his concession speech, Mr Sarkozy told stunned supporters that he was "taking responsibility for defeat".

Hinting about future, he said: "My place will no longer be the same. My involvement in the life of my country will now be different."

During the campaign, he said he would leave politics if he lost the election.

Mr Sarkozy, who has been in office since 2007, had promised to reduce France's large budget deficit through spending cuts.

It is only the second time an incumbent president has failed to win re-election since the start of France's Fifth Republic in 1958.

The last was Valéry Giscard d'Estaing, who lost to socialist François Mitterrand in 1981. Mr Mitterrand had two terms in office until 1995.

The new president is expected to be inaugurated later this month.

A parliamentary election is due in June.

cookie1223 6th-May-2012 08:59 pm (UTC)
Yep and this is the guy who said in the debate with Sarkozy that undocumented children should be in detention center with their parents.
adlanth 6th-May-2012 10:09 pm (UTC)

"Dans cette lettre à FTA, François Hollande s’engage «à mettre fin dès mai 2012 à la rétention des enfants et donc des familles avec enfants» et à ce «que la rétention redevienne l’exception et non un instrument banal de procédure»."
cookie1223 7th-May-2012 12:08 am (UTC)
C'était pendant le débat :
Nicolas Sarkozy : Est-ce qu’on garde les centres de rétention.

François Hollande : Bien sûr qu’on les garde. (…)

Nicolas Sarkozy : Qui a créé les centres de rétention pour enfants ? Monsieur Jospin, c’est monsieur Jospin qui les a créés.

François Hollande : Ce que nous devons faire maintenant, c’est avoir des centres de rétention permettant l’accueil des familles pour permettre ensuite leur reconduite…

Nicolas Sarkozy : Ça existe déjà.

François Hollande : Un seul.

Nicolas Sarkozy : Donc on garde les centres de rétention.

François Hollande : Les centres de rétention sont nécessaires, ils existent partout.

Nicolas Sarkozy : Donc pourquoi écrivez-vous le contraire à France Terre d’asile ? Toujours l’ambiguïté.

François Hollande : Non, il n’y a aucune ambiguïté, quand la personne est menacée…

Nicolas Sarkozy : “ La rétention doit devenir l’exception ”. Vous venez de dire aux Français que vous les garderez.

François Hollande : Mais non, j’ai dit que je garderai les centres de rétention et que la personne qui risque de s’enfuir doit être mise en centre de rétention.
spiffynamehere 7th-May-2012 04:16 am (UTC)
...I'm just privately pleased I was able to cobble together a semi-decent translation of this with a minimum of Google Translate.

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