french socialist party

FRANCOIS HOLLANDE ELECTED NEW FRENCH LEADER!

FRANCOIS HOLLANDE AND HIS GLAMOROUS DOMESTIC PARTNER, POLITICAL JOURNALIST VALERIE TRIERWEILER.

The French people have spoken indeed.

Nicolas Sarkozy was outed on May 6th as the incumbent President, and the man who has filled that position is Francois Hollande of the French Socialist Party.It is believed that Mr Hollande’s victory has been secured by his widespread anti-austerity promises.

Mr Sarkozy polled at 48%, whilst Mr Hollande polled at 52%.

Upon his triumphant win he stated,  “no child of the Republic will be left in the cold” and “Austerity can no longer be something that is inevitable,” 

BBC:

French President-elect Francois Hollande is to start work on forming a new government, after telling supporters his victory gave hope of an end to austerity.

Mr Hollande has vowed to rework a deal on government debt in eurozone member-countries to focus on promoting growth.

The Socialist leader won just under 52% of votes in Sunday’s run-off election.

Centre-right incumbent Nicolas Sarkozy is the first French president since 1981 not to win a second term.

He will hand power to Mr Hollande on 15 May, following talks between the two camps, the presidency has said.

Mr Hollande must act quickly to reassure other eurozone countries he is up to the considerable challenge he faces, the BBC’s Christian Fraser reports from Paris.

Some of Hollande’s policies include French troop withdrawal from Afghanistan by the end of 2012, expanding the education sector and the judicial body, supports gay marriage and adoption and will pursue the issue under his leadership.

Apparently he has openly stated that he ‘does not like the rich’, has declared that his real enemy is the finance world and will tax the wealthy by 75%. He will also look to invest millions into creating civil service jobs.

Whilst there are congratulations all round, it is yet to be determined how his policies will impact the French economy.