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NEWS ABOUT: Francois Hollande

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Hollande Slashes French CEOs' Pay

New prez Hollande will cap salaries at state-owned firms

(Newser) - With France's new socialist president François Hollande moving in, it looks like sky-high CEO salaries are moving out, reports the Wall Street Journal . Hollande has promised to cap executive pay at the 52 companies owned or partially owned by the state, limiting them to a maximum of 20... More »

Europe Braces for Greek Exit

Hollande backs eurobonds at inconclusive summit

(Newser) - New kid on the European block François Hollande made an audacious debut at his first EU summit, but the crisis meeting ended without a clear solution to the eurozone's woes. The French president, backed by most EU leaders, supports issuing "eurobonds" to shore up troubled EU economies,... More »

Hollande, Merkel Set for Eurobond Showdown

New EU dynamic expected to cause friction at crisis summit

(Newser) - Yet another European Union crisis meeting will be held today, but the dynamic has changed since the days when Angela Merkel and Nicolas Sarkozy met ahead of time to fix a strategy. Unlike his predecessor, François Hollande has sided with European leaders calling for growth instead of austerity and... More »

Day 1 as French President: Lightning Hits His Plane

What a way for Francois Hollande to start his term

(Newser) - Francois Hollande started off his new job as president of France with a bang: His plane was hit by lightning today en route to Germany. It was forced to return to Paris, at which point Hollande boarded a second plane and will be about an hour and a half late... More »

France Swears In Hollande

Nicolas Sarkozy has left the building

(Newser) - France today installed Socialist Francois Hollande as its new president for the next five years, replacing conservative Nicolas Sarkozy with a mandate to ease up on the austerity measures with which Europe has fought its economic crisis. Hollande, the first Socialist to have access to France's nuke codes in... More »

Meet France's New First Lady

Valerie Trierweiler is the journalist 'companion' of Francois Hollande

(Newser) - France may losing Carla Bruni as first lady, but it sounds like her successor won't miss a step. Some odds and ends about 47-year-old Valerie Trierweiler, the unmarried "companion"—the term she prefers—of President-elect Francois Hollande , from Time , AP , and BBC :
  • She is a well-known journalist
... More »

As Sarkozy Exits, US Loses a Friend

...But François Hollande might be even more simpatico with Obama administration

(Newser) - France's election was something of a can't-lose proposition for the Obama administration. On the one hand, the US isn't pleased to see the backside of Nicolas Sarkozy, an ally so steadfast that in France he was sometimes called "Sarko the American." Sarkozy, after all, was... More »

Europe Finally Gets It: Austerity Isn't the Answer

Paul Krugman: Voters clearly 'wiser' than their leaders

(Newser) - Paul Krugman is applauding France and Greece for the results of their elections : "Time is clearly running out for the strategy of recovery through austerity—and that’s a good thing," writes the longtime critic of austerity measures in the New York Times . Austerity measures depend on a... More »

What Hollande's Victory Means for France

President-elect has a packed first 40 days

(Newser) - Following last night’s victory over Nicolas Sarkozy , Francois Hollande will have to jump right in to his new role—he will be sworn in as France’s president next Tuesday, the BBC notes. What does his election mean?
  • Hollande has vowed to renegotiate the eurozone budget treaty Sarkozy championed
... More »

Hollande Wins French Election, Topples Sarkozy

Says Hollande: 'Austerity can no longer be inevitable!'

(AP) - Socialist Francois Hollande defeated conservative incumbent Nicolas Sarkozy today to become France's next president, heralding a change in how Europe tackles its debt crisis and how France flexes its military and diplomatic muscle around the world. Crowds filled the Place de la Bastille, the iconic plaza of the French... More »

Hollande Wins French Runoff Vote, Ousts Sarkozy

Socialist looks to have won with 52%-53% of vote

(Newser) - Socialist Francois Hollande looks like the likely winner of France's tightly-contested runoff election today, according to early exit polls, defeating conservative incumbent Nicolas Sarkozy. Hollande edged out Sarkozy in the first round of voting, and early returns show him up with between 52% and 53% of the vote. Sarkozy,... More »

Sarkozy, Hollande Clash in Fiesty Debate

No clear winner emerges from bad-tempered debate

(Newser) - Nicolas Sarkozy and challenger Francoise Hollande traded insults in a televised debate French media called the "Last Duel" and the "Final Confrontation." The event—the pair's only debate of the election season—ran to more than three hours long and while neither presidential candidate emerged as... More »

France's Le Pen Endorses ... Blank Ballot

Far-right leader doesn't get behind Francois Hollande or Nicolas Sarkozy

(AP) - Far-right leader Marine Le Pen is refusing to endorse either candidate in France's presidential runoff and says she will cast a blank protest ballot. Le Pen, who came in a strong third place in the first round of voting April 22, told her supporters at a big rally in... More »

Far Right Does Amazingly Well in French Election

Marine Le Pen nabbed close to 20% of the vote

(Newser) - Marine Le Pen may not have made it into the runoff round of France's presidential election , but she was arguably the biggest winner of the night, bringing in between 18% and 20% of the vote. It was the best-ever showing for the far-right National Front, even surpassing her father'... More »

Sarkozy, Hollande Advance to Runoff

President, chief rival will face each other in May 6 runoff election for presidency

(AP) - French President Nicolas Sarkozy and chief rival Francois Hollande are headed for a showdown on May 6, after finishing as the top two candidates in today's first round of voting in France's presidential elections. Though the French government has yet to finalize the tally, the Wall Street Journal ... More »

With Sarkozy's Career on the Line, France Votes

Francois Hollande likely to head to runoff with Sarko

(Newser) - Throngs are voting today in Round 1 of France's presidential elections in what's seen as a referendum on Nicolas Sarkozy's economic stewardship and divisive personality, reports the AP . Early polls show a 28% turnout in the vote, which will trim the field of 10 candidates to two... More »

Sarkozy Threatens to Exit Schengen

His campaign flagging, French Prez tacks to the right

(Newser) - With Nicolas Sarkozy trailing his Socialist rival in the polls, the French president moved sharply to the right in a fiery speech yesterday, blasting the EU, insisting on stricter immigration policies, and calling for a "Buy EU Act"—otherwise, France could withdraw from the Schengen accords, which allow... More »

Mob Chases Sarkozy Into Bar

French prez meets hostile crowd at campaign stop

(Newser) - Yesterday was a tough day on the campaign trail for Nicolas Sarkozy. The French president was forced to take refuge in a bar after being confronted by a hostile crowd in the southwestern city of Bayonne, the BBC reports. Hundreds of angry protesters—a mix of Basque nationalists and supporters... More »

French Frontrunner Wants 75% Tax on Millionaires

Francois Hollande: Those making more than 1M euros should pay huge rate

(Newser) - A poll out today continues to give Francois Hollande the edge over Nicolas Sarkozy in round one of France's presidential election, 31.5% to 27%, and a hearty lead in the runoff, 58% to 42%. Should the Socialist frontrunner indeed win, here's another percentage that will likely be... More »

Sarkozy Seeking 5 More Years

Rival shrugs as president officially launches bid

(Newser) - To the surprise of nobody in France, Nicolas Sarkozy has announced that he's seeking a second term as president. He officially launched his re-election bid in a TV interview last night, comparing himself to a "ship captain whose boat is in the thick of a storm," and... More »

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