French President-elect Hollande casts doubt on austerity
CNN Wire Staff
Updated 8:11 AM EDT,
Mon May 7, 2012
Socialist Party candidate Francois Hollande won France's presidential runoff election on Sunday, May 6. In his victory speech, he promised to be a president for all of France.
STORY HIGHLIGHTS
NEW: German Chancellor Angela Merkel says growth must not be based on government debt
French President-elect François Hollande tells supporters that austerity is not the only option
Hollande is set to take office within 10 days after beating Nicolas Sarkozy
Markets in Asia and Europe fall sharply after Hollande's victory
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http://www.cnn.com/2012/05/07/world/europe/france-election/index.html?hpt=hp_t2