Socialist Hollande ousts Sarkozy in France


PARIS — Socialist Francois Hollande defeated conservative incumbent Nicolas Sarkozy on Sunday to become France's next president, heralding a change in how Europe tackles its debt crisis and how France flexes its military and diplomatic muscle around the world.

Sarkozy conceded defeat minutes after the polls closed, saying he had called Hollande to wish him "good luck" as the country's new leader.

AP Photo/Bob Edme

Socialist Party candidate for the presidential election Francois Hollande and his companion Valerie Trierweiler wave as he tours through villages near Tulle, central...

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