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Nicolas Sarkozy has conceded defeat in French presidential elections

2 years agoNews : The Coming Crisis

Nicolas Sarkozy has conceded defeat in French presidential elections, opening the way for Francois Hollande to be the new leader. Early exit polls showed the socialist candidate to have gained at least 4% more of the vote than the conservative incumbent, Mr Sarkozy."It was an immense privilege to be the President of France," Mr Sarkozy said in a farewell speech."I bear full responsibility for defeat," he said in the speech given 20 minutes after polls closed at 8pm.
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