Tag Archives: Sarkozy

Sarkozy Concedes to Socialist Challenger

Nicolas Sarkozy, a watermark was present that ...

Nicolas Sarkozy, a watermark was present that said « Photo : Jean-Louis Aubert ». (Photo credit: Wikipedia)

French President Nicolas Sarkozy has conceded the presidential election to Socialist challenger Francois Hollande.

Mr. Hollande is set to become the nation’s first left-wing president since Francois Mitterrand left office in 1995.

With the loss, Mr. Sarkozy becomes the latest of at least half a dozen European leaders swept from office during the eurozone economic crisis.

Concerns over the economy, unemployment, and immigration have been at the forefront of the French election. France is a key player in plans to lead the eurozone out of its debt crisis.

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