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    Hollande expected to win French election

    Sun, 05/06/2012 - 13:43 EDT - Yahoo! Business News
    • YahooBizNews

    Socialist Party candidate for the presidential election Francois Hollande and his companion Valerie Trierweiler wave as he tours through villages near Tulle, central France, after voting in the second round of the presidential elections, Sunday, May 6, 2012. (AP Photo/Bob Edme)France voted in a presidential run-off election Sunday expected to see Socialist challenger Francois Hollande defeat incumbent Nicolas Sarkozy by capitalizing on public anger over spending cuts and a Europe-wide push for austerity.

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    • France to Set Top Marginal Tax Rate at 75%, Permanently Increase Wealth Taxes, Hike Surcharges on Banks and Energy Companies; Further Tax Hikes Next Year; France Poised to Implode

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    • Europe Will Splinter Regardless of Greek Election Outcome; "France Has At Most Three Months Before Markets Make Their Mark" says German Official

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