François Hollande wins French presidency

François Hollande won the French presidential election on Sunday, capturing more than 51 percent of the vote to defeat incumbent Nicolas Sarkozy and become France’s new president, according French television.

Supporters of newly-elected French President Francois Hollande react after the announcement of Socialist candidate’s victory in the 2012 French presidential elections in a concert hall in Villeurbanne May 6, 2012. France voted in elections on Sunday and Francois Hollande becomes the nation’s first Socialist president in 17 years. REUTERS/Emmanuel Foudrot