This is huge news, wonder how the market will react?
François Hollande Beats President Nicolas Sarkozy in French Election
François Hollande swept to victory on Sunday, becoming the first Socialist to
become president of France since François Mitterrand left office in 1995.
Mr. Hollande campaigned on a kinder, gentler, more inclusive France, but his
victory over Nicolas Sarkozy will also be seen as a challenge to the
German-dominated policy of economic austerity in the euro zone, which is
suffering from recession and record unemployment.
With about half the vote counted, preliminary results released by the Interior
Ministry shortly after the last polling stations closed at 8 p.m. showed Mr.
Hollande had secured about 51 percent of the vote while Mr. Sarkozy, of the
center-right Union for a Popular Movement, won about 49 percent.
Read More:
http://www.nytimes.com/2012/05/07/world/europe/hollande-and-sarkozy-in-crucial-runoff-in-france.html?emc=na
DO SOMETHING!
| 
