Yesterday's French election as expected saw president Nicolas Sarkozy headed for the May 6 run-off with his main challenger, the Socialist candidate Francois Hollande. This has been the first time in 54 years that the incumbent has failed to win the first round.
Opinion polls in the run up to the election have shown Hollande to be a round-two favorite. But in his latest report, Alastair Newton, Nomura's senior political analyst says that the second round could be influenced by the latest Ifop poll which suggests that 50 percent of Le Pen's supporters will now vote for Sarkozy, and about 33 percent will vote for Hollande.
This weekend, France will vote for its next president. After a first round, it's down to incumbent Nicolas Sarkozy and his socialist challenger Francois Hollande. Since Sarkozy was elected in 2007, a lot has changed. One of the most... Read Post
PARIS - France voted in a presidential run-off election on Sunday that could see Socialist challenger Francois Hollande defeat incumbent Nicolas Sarkozy by capitalizing on public anger over the government's austerity policies. Read Post