Socialist Hollande wins French presidential election

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-- Fox News alert the numbers are now in voters in France electing their first socialist president.

In almost two decades -- -- -- along a dramatic event sure to bring Ryan wide ranging implications.

For Europe the US and the world.

Just minutes after the polls closed incumbent conservative president Nicholas Sarkozy admitted defeat.

Greg how god is following all streaming live from Paris -- the latest hi Greg.

Greg -- was tied according to projections only about 51%.

At 49%.

But socialist candidate Francois all long did it.

Defeating French president incumbent -- Nicholas Sarkozy.

We were in the crowd at the very moment in front of socialist headquarters when the projections were announced.

Take a look at what we heard what we saw.

Yeah.

The supporters of the Socialist Party and friends all alone are cheering -- Come out with a survey.

It appears that their man has won and listen to the crowds now you know wild wild thing.

-- What do you think I'd go over and it's okay they're very happy to -- -- about it makes a great day phone.

Sarkozy did concede defeat shortly after -- that Ethan -- responsibility.

Also -- along good luck and then about an hour after that along gave what was probably -- first of a couple of acceptance speeches tonight.

Thing that Sarkozy deserve respect the country.

-- -- pulled together now of course comes the hard part along as promised much.

Country remains saddled with a weak economy including double digit unemployment.

Washington will be looking to -- on not to worsen already bad European economic picture and try to keep up security ties strong foreign policy ties established by outgoing French president Nicholas Sarkozy but for the moment Greg.

A lot of celebrating the streets of -- Paris these folks have waited a long time for this it's probably gonna cut -- all night.

Right with the backdrop of a sparkling Eiffel Tower breakout got streaming live from -- Greg thanks.

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Socialist Hollande wins French presidential election

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