Hollande to be inaugurated as French President later today

Francois Hollande beat Nicolas Sarkozy in the French elections.
Francois Hollande beat Nicolas Sarkozy in the French elections. Credit: Reuters

Francois Hollande is to be inaugurated as the new President of France following his second round election victory over Nicolas Sarkozy today.

Hollande will become France's first Socialist president in nearly two decades.

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Hollande's euro talks with Merkel

The newly-inaugurated French president Francois Hollande and the German Chancellor Angela Merkel have underlined their desire for Greece to stay in the eurozone and were prepared to introduce measures to help growth in the country.