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Francois Hollande: Is a Socialist French president a threat to the global economy?

François Hollande beat President Nicolas Sarkozy in France's run-off election on Sunday, becoming only the second Socialist Party president elected in post-war France, after François Mitterrand (1981-1995). Sarkozy, for his part, is only the second president in that same period to not win re-election. In his victory speech, Hollande reiterated his vow to renegotiate Europe's recent fiscal austerity–focused pact to save the euro, pledging to shift the E.
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