Hollande is new French president
IN WHAT may prove a game-changer for the Eurozone crisis, France has elected Francois Hollande as its first socialist president in 17 years.
Mr Hollande promised to put young people and social justice at the centre of all his decisions for the next five years and warned that Germany would be the first nation to be told that Europe must put growth, employment and prosperity before austerity.
"Europe is looking at us," he said.
"At the moment the result was proclaimed, I am sure for many countries there was some relief and some hope, the idea that at long last, austerity is not our only fate."
He said the French dream was that each generation would do better than the last.
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