French Elections: Sarkozy Cancels Rally, Hollande Well Ahead In Race

By Palash Ghosh | May 06 2012 12:51 PM

A newspaper has declared Socialist candidate Francois Hollande the winner of France’s presidential election.

Reuters

Supporters of Francois Hollande, Socialist party presidential candidate gather at rue de Solferino Socialist Party headquarters in Paris

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Le Soir, a Belgian newspaper, said Hollande has received 53 percent of the vote, citing a source at the Socialist Party.

Three polls – Harris Interactive, Sofres and Opinion Way -- conducted on Sunday also gave Hollande a commanding lead, with between 52.5 percent and 53 percent of the tally.

Le Soir also reported that incumbent Nicolas Sarkozy has cancelled a planned rally at the Place de la Concorde in Paris, suggesting he is prepared to concede.

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