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See more Images of April Follow Reuters Facebook Twitter RSS YouTube Read Russian police battle anti-Putin protesters 3:09pm EDT Socialist Hollande ousts Sarkozy as French leader 5:26pm EDT For "Mr. Normal" Hollande it's bye-bye bling bling 1:56pm EDT Conservative rebel shakes up Greek politics 05 May 2012 Rage of Greeks in election endangers bailout 5:32pm EDT Discussed 149 One in seven thinks end of world is coming: poll 83 As America’s waistline expands, costs soar 74 April hiring seen picking up Watched Hungry zoo lion faces off with unfazed toddler Thu, May 3 2012 Windy weather makes for dramatic plane landings in Spain Thu, Apr 26 2012 9/11 mastermind appears before Guantanamo court Sat, May 5 2012 Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Life in France A look at the people and places that define France's unique culture. Slideshow Strange and unusual A recent sampling of strange and offbeat moments. Slideshow Victorious French left reclaims the Bastille Tweet Share this Email Print Related News Hollande favorite as French prepare for Sunday vote Sat, May 5 2012 France's Sarkozy in vote appeal as margin narrows Fri, May 4 2012 Sarkozy's chances fade two days before French runoff Thu, May 3 2012 UPDATE 4-French centrist to vote Hollande in blow to Sarkozy Thu, May 3 2012 Sarkozy fails to down Hollande in French vote duel Wed, May 2 2012 Analysis & Opinion What happens if Hollande wins? â€œThere are human beings involvedâ€ in austerity debate Related Topics World » France Election » 1 of 3. A supporter of France's newly-elected President Francois Hollande holds a red rose as he reacts after the early results in the second round vote of the 2012 French presidential elections at the Rue de Solferino Socialist Party headquarters in Paris, May 6, 2012. Credit: Reuters/Jean-Paul Pelissier By Nicholas Vinocur and Lionel Laurent PARIS | Sun May 6, 2012 4:44pm EDT PARIS (Reuters) - Giddy revellers thronged Paris's Bastille square on Sunday as Socialist Francois Hollande swept to a presidential election victory, erupting into cheers and rejoicing not seen since the party's only other elected president won power 31 years ago. Tens of thousands of Hollande supporters gave a huge cry of joy as a giant screen showed him as victor, echoing the spontaneous street party in the same historic venue that followed Francois Mitterrand's 1981 election. The crowd, many too young to remember Mitterrand's triumph, spilled onto the steps of the Bastille Opera House - a modernist legacy of the Mitterrand era - clutching flags emblazoned with the Socialist logo of a clenched fist around a rose. Some activists brandishing Communist Party flags and pink and purple balloons clambered up the base of a column erected on the site of the Bastille prison stormed during the 1789 French revolution. The monument commemorates another revolt, in 1830, which finally toppled the restored Bourbon monarchy. "I was six when Mitterrand was elected. I remember my parents being so happy. Now at last we have the beginning of a real social movement," said Fabienne Chabert, 36, a schoolteacher from an eastern Paris suburb. Revellers blew whistles and some pounded African drums. Reggae music and the rhythms of early 1980s hits from French rock band Telephone regaled the Mitterrand generation. "I've been waiting for this for 10 years," said laborer Aziz, 31, whose T-shirt featured the words: "No Sarkozy Day". In a flashback to the days after Mitterrand's victory, when older conservatives feared France would turn Communist and lined up to withdraw their savings from banks, he added: "I only hope the markets don't attack us tomorrow." The scene recalled the May 10, 1981 election of Mitterrand, Hollande's political mentor, when ecstatic left-wingers stormed the same square, jumping on the roofs of parked cars and partying deep into the night despite thunder and driving rain. Mitterrand, the only other Socialist to be directly elected president, was a standard-bearer of the European left at a time when the liberal economic policies of U.S. President Ronald Reagan and British Prime Minister Margaret Thatcher were taking hold elsewhere in the West. Hard leftist Jean-Luc Melenchon tapped into nostalgia for that era of class struggle in March, drawing tens of thousands to the Bastille for a campaign rally at which he denounced capitalism and demanded an end to Europe's austerity policies. For the centre-left Hollande, victory will be tempered with a sense of realism about tough political choices to come. He inherits a stagnant economy, jobless claims at a 12-year high and anxiety resurfacing about Europe's debt crisis. "I don't know if Hollande will do any better on the economy than Sarkozy, but I want a president who knows the value of justice and sharing," said Maxime Vissac, 27, a teacher in training in Paris. "I have no illusions about the economy - it's going to be tough all over Europe." "WE'VE WON!" Supporters at Socialist party headquarters in Paris sang a rhythmic chant of "We've won! We've won!" as they watched Sarkozy concede defeat on live television and waited for Hollande, still in his rural political base in Correze, central France. "We've endured five years of Sarkozy, of excessive (economic) liberalism, and now it's good to know that we are going to have a more democratic society," said Lesley Cassin, 19, a student of economics in Paris. The atmosphere was equally electric in Hollande's constituency of Tulle, where he spent the weekend. Drivers pounded their car horns as they drove around the town of 15,000 people. Bystanders erupted in cheers of "Hollande president! Hollande president!" Even before polling stations closed, the candidate was mobbed by well-wishers who kissed his cheek and shook his hand as he emerged from his car. For supporters of Sarkozy, the first president since Valery Giscard d'Estaing in 1981 to fail in a re-election bid, Sunday's election represented the end of months of hoping for an upset in the face of unfavorable polls. His UMP party cancelled plans for a victory celebration in the central Place de la Concorde, where King Louis XVI was guillotined during the revolution. At a meeting hall in central Paris where the conservative party faithful had gathered, the atmosphere was subdued. Flag-waving stopped and the smartly dressed crowd booed when the results were projected on a giant screen. "We're disappointed. We're sad. Sarkozy made some very important reforms during five years," said Pierre Aujay, 26. Others expressed regret that the outspoken and boisterous Sarkozy would be replaced by a man they said they considered uncharismatic and dull. "He has good sides and bad sides but at least he had passion," said Anna Rosetti, 62, a decorator. "With Hollande, it will all be tepid." Sarkozy conceded defeat in a speech to them within 20 minutes of polls closing and his supporters rapidly melted away. As they dispersed, one man held up a French tricolor flag with the words "Thank you, Nicolas" printed on it. Around him a chant sprung up of "Now we are screwed." (Additional reporting by Alexandria Sage and Marion Douet, writing By Nicholas Vinocur; Editing by Paul Taylor and Alastair Macdonald) World France Election Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (2) user8192 wrote: Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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