French elections: France's new president Francois Hollande vows to redraw EU austerity pact

French elections: France's new president Francois Hollande vows to redraw EU austerity pact

Francois Hollande's resounding victory heralds the first step towards change for both France and Europe. Mr Hollande, the man who has never held government office, plans to set France on a path to reclaim influence over the direction of Europe. But with change comes uncertainty both for France and for Europe.

SOCIALIST Francois Hollande swept to victory in France’s presidential election on Sunday, May 6, 2012, in a swing to the left that could shake Europe’s German-led austerity.

[[quote]]

Mr Hollande, 57, won the second round votes making him France’s first Socialist president in 17 years. The incumbent center-right president Nicolas Sarkoz...

Not a subscriber yet?

Subscribe now and get the latest in-depth geopolitical analysis and forecasts from GIS’s unrivaled cadre of experts.

Learn more about our subscription plans.

You can also buy this report for €8.99 Buy

Add your comment