A newspaper has declared Socialist candidate Francois Hollande the winner of France’s presidential election.
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.
Palash has worked as a business journalist for 21 years in New York.