Hollande gains victory in France, what next?

Nicolas Sarkozy was just one of the leaders in Europe to be ousted in elections that sent the continent leftward. The New York Times looks forward to what the election of a Socialist candidate – Francois Hollande – will mean for the nation.

Many see Hollande’s election and elections in Greece as steps closer to the end of the Euro. The rejection of austerity measures and growing uncertainty resulted in the markets opened on a down note on Monday morning.

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