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Francois Hollande becomes French president

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15-05-2012 | 04:02

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Francois Hollande becomes French president

Francois Hollande became French president on Tuesday in an official handover ceremony that makes him the country's first Socialist leader since Francois Mitterrand.

Outgoing President Nicolas Sarkozy greeted Hollande on the steps of the Elysee presidential palace, and took him inside to transfer nuclear codes and other secret files ahead of a short swearing-in ceremony attended by around 400 guests.

Hollande said on that he would urge his country's European partners to back a pact that coupled the goals of deficit reduction and economic stimulus.

"I will propose to my European partners a pact that ties the necessary reduction of deficit to the indispensable stimulation of the economy," said Hollande, who won a May 6 election and replaced Nicolas Sarkozy as of Tuesday morning.

Hollande was due to fly to Berlin later in the day for his first meeting with German Chancellor Angela Merkel.

REUTERS

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