France: Hollande Defeats Sarkozy in Shift of Power to SocialistsBy Helene Fouquet
May. 06, 2012
POLL: 62% Of Americans Believe Confederate Statues Should Remain, Only 27% Disagree
These Videos Show The Alt-Left Violence Trump Talked About During His Epic Press Conference
Tucker Warns Post 9/11 Attacks On Freedom Happening Again With Attacks On Free Speech
Trump Tells The Truth About Alt-Left Violence At EPIC Press Conference; Leaves Leftists 'Literally Shaking'
'Final Warning' To 'White People' Goes Viral On Twitter After Charlottesville Rally
From one socialist to another! - ChrisFrancois Hollande defeated French President Nicolas Sarkozy as voters handed control of the second-biggest European economy to the Socialists for the first time in 17 years.
The 57-year-old Hollande got about 52 percent against about 48 percent for Sarkozy, according to estimates by four pollsters. The campaign isnít over. France elects its lower house of parliament in five weeks, prompting calls from backers of both candidates to keep fighting.
The challenger inherits an economy that is barely growing, with jobless claims at their highest in 12 years and a rising debt load that makes France vulnerable to the financial crisis that has rocked the euro region the past two years. Sarkozy became the ninth euro leader to fall in that time and the first French president in 30 years to fail to win re-election.