[Updated] Hollande is new President of France

**Damien** · 22-04-2012, 18:34

...as Le Pen scores 20%.

Rather concerning result that.

http://www.guardian.co.uk/world/fren...ns-2012-france

**Chris** · 22-04-2012, 18:45

C'est la dÃ©mocratie

**Damien** · 22-04-2012, 19:29

Quote:

Originally Posted by Chris

C'est la dÃ©mocratie

I've said it before and I'll say it again, Democracy simply doesn't work.

Osem · 23-04-2012, 06:50

Wonder if the Eurocrats are taking note of any of this or whether they'll just carry on regardless in their own deluded world...

Ignitionnet · 23-04-2012, 07:45

If Hollande does win it'll have quite profound effects on the EU, as Alistair Heath notes.

http://www.cityam.com/latest-news/al...ll-our-futures

Quote:

Ultimately, that is the real story: an Hollande victory, coming as it would in the midst of the Eurozoneâ€™s endlessly drawn-out crisis, could destroy the Franco-German alliance that has powered European integration for so long. And if it does, all bets are off.

I'm personally struggling to see a downside to this, capital flight from France to the UK and a potential end to the attempts to integrate Europe further. Excellent.

---------- Post added at 08:45 ---------- Previous post was at 08:44 ----------

The Le Pen result isn't surprising. When 1st world and 3rd world are mixed as they have been issues were inevitable, and resentment was inevitable especially when people are admonished to see economic benefits to immigration but struggle to do so when statistics rate immigration as being basically economically neutral as the doors were thrown open too wide.

Osem · 23-04-2012, 08:38

Looks like the Germans might soon be in need of a new buddy. No doubt they've been considering the implications of a Sarkozy defeat for some time and weighing up their political and economic options.

For me the downside would be panic and knee jerk reactions by various governments affecting the markets etc. and all the fallout that would cause. If the lemming Eurocrats were to take heed of the inevitable and indulge in a fundamental and controlled review of the EU then all might not be lost.

**Damien** · 06-05-2012, 18:18

Hollande is projected to have won the French Presidential Election with 52% of the vote, ousting one term President Sarkozy.

Ignitionnet · 06-05-2012, 18:22

Excellent. Hopefully it'll cause incredible issues for the Euro and in turn the EU project and we can get some sanity and sovereignty back.

denphone · 06-05-2012, 18:30

Quote:

Originally Posted by Damien

Hollande is projected to have won the French Presidential Election with 52% of the vote, ousting one term President Sarkozy.

Good at last we have got rid of that slippery slimeball.

Sirius · 06-05-2012, 18:34

Quote:

Originally Posted by Ignitionnet

Excellent. Hopefully it'll cause incredible issues for the Euro and in turn the EU project and we can get some sanity and sovereignty back.

Not been watching this as its EU stuff but is this new guy for or against the EU ??

Taf · 06-05-2012, 18:42

He has promised to renegociate all EU bail-out plans.

My missus is singing and dancing all over the house... I think she's happy that Sarkonazi has been toppled.

I wonder if they'll return that plane he ordered?

**Maggy J** · 06-05-2012, 19:22

Hmm! It was close.Hollande got 51% and Sarkozy got 49%

mertle · 06-05-2012, 19:47

where does this leave cameron fabled partnership he signed with sarkosky. Dont see cameron be so cosy with Hollande lets not forgetting he ignored him when he went to france knowing elections close. Surely he would been diplomatic to meet Hollande.

I know going against grain of the worry but maybe he will take the banks on the extreme rich that maybe not bad thing. I think he will be good for france not for other countries that should be how it should be.

This closeness with merkel and sarkosky was to me bad for europe. I was actually suprised he got away with lot french still dont forget germans.

So suprised how close it was sakorsky played political harry carry.

I hope he has bottle go for those who really to blame and take on the witch at IMF the things they force is stupid.

We know who got the world in its mess seem the wrong people getting shafted for it.

I hope Hollande goes after them big style.

TheDaddy · 06-05-2012, 19:50

Quote:

Originally Posted by Maggy J

Hmm! It was close.Hollande got 51% and Sarkozy got 49%

And they had 80% turnout. bit surprised he conceded defeat so quickly when it was so close to.

Osem · 06-05-2012, 20:07

It'll be interesting to see how the markets react to this news even though it wasn't a huge surprise.

Can't see Merkle and Hollande getting on either - they seem poles apart when it comes to which financial medicine ought to be prescribed for the ailing EU.

http://www.guardian.co.uk/world/2012...clash-eurozone

Interesting times ahead.