(FRANCE24) — Left-wing candidate François Hollande has defeated incumbent Nicolas Sarkozy in Sunday’s runoff, exit polls say, becoming the first Socialist to win a presidential election since François Mitterrand in 1988.

François Hollande has won France’s presidential election, giving the country its first Socialist president in almost two decades, exit polls showed Sunday.

According to Ipsos polling institute, the left-wing candidate took 51.7% of the vote to incumbent Nicolas Sarkozy’s 48.3%.

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