Hollande’s party leads in French elections

The exit polls on Sunday suggested that the Socialist Party secured a majority of the seats in the parliament, dealing a heavy blow to former President Nicholas Sarkozy’s conservative UMP party, and giving the country’s new leader a better chance of advancing his policies.

“This is the day of our defeat. We must know how to recognize this reality. Things are clear. We have lost,” a UMP leader, Jean Francois Cope, told Press TV.

The results came shortly after voting in the second round of parliamentary elections for the representatives for the National Assembly, or the lower house of the parliament.

The abstention rate for Sunday’s vote was 42.77 percent, a record low for a French parliamentary election, with just over 26 million people casting a ballot compared to the 46 million who were registered.

Meanwhile, Henri Weber, a member of the Socialist Party, said the victory “brings big responsibilities,” adding “now our first goal will be to find [a] solution to help the French economy.”

“Hollande will face now the brutal challenge of a dangerous financial and economic crisis in Europe,” he added.

A majority in the lower house means Hollande will be in a position to push through his economic and social reforms. It will also strengthen his position in negotiations with Germany on how to tackle the eurozone debt crisis.

YH/MA/HJL

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