June 18th, 2012
10:26 AM ET

France's Hollande tightens grip on power with election win

New French President Francois Hollande tightened his grip on power Monday as the Interior Ministry confirmed that his Socialist party and its allies won an absolute majority in parliamentary elections Sunday.

Hollande allies claimed 314 seats in the 577-member National Assembly - the lower house of the French parliament - according to early confirmed results by the French Interior Ministry.

The results signal a clear French shift to the left, bolstering Hollande's position to push through an anti-austerity agenda after years of government budget cuts.

Former President Nicolas Sarkozy's conservative UMP party experienced its biggest losses since 1981, winning just 229 seats.

FULL STORY
Post by:
Filed under: France