François Hollande, the new French president

France: Now Hollande, faces a much less forgiving “electorate”: the financial markets.

The French have just confirmed their political creativity. In other Western democracies, a presidential election leads to the clear-cut victory of one candidate over another, along with the endorsement of a more or less predictable program. Not so in France.

http://www.city-journal.org/2012/eon0506gs.html