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.
International Monetary Fund chief Dominique Strauss-Kahn, who is also a prominent French Socialist politician, would defeat French President Nicolas Sarkozy if the two men were to run in Frances next presidential elections in sprin... Read Post
Dissatisfied French voters dealt Nicolas Sarkozy's center-right ruling party a major blow in regional elections yesterday. Amid record-low turnout, Socialist and other leftist candidates dominated the first round of votes for France... Read Post