Breaking – Socialist Hollande defeats Sarkozy in French elections

Liberation’s photo of John meeting then-candidate
and now French President-elect, François Hollande
last summer.

France’s conservative President Nicolas Sarkozy has lost to Socialist party leader François Hollande in today’s national elections.  Sarkozy did close the gap, but it wasn’t enough. The pro-austerity craze in Europe took a serious blow with this result today. BBC News:

Socialist Francois Hollande has been elected as France’s new president, early estimates say.

He got about 52% of votes in Sunday’s run-off, according to projections based on partial results, against 48% for centre-right incumbent Nicolas Sarkozy.

Mr Hollande would be the first French socialist president since 1995.

An American in Paris, France. BA in History & Political Science from Ohio State. Provided consulting services to US software startups, launching new business overseas that have both IPO’d and sold to well-known global software companies. Currently launching a new cloud-based startup. Full bio here.

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