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Mitterrand victory reshapes France's governing power
Francois Mitterrand won a landslide legislative victory, securing a workable majority for his Socialist government. The 64 year old veteran faces mixed reactions from supporters and rivals as markets wobble with franc weakness and stock losses, while advisers reassure allies abroad. Investors flee French shares, shifting funds to gold amid unresolved questions about his ideology and policies.
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Baltimore Sun
Paris
Francois Mitterrand
France
Socialist Party
Elysee Palace
Mitterrand
Communist Party
Europe
Fifth Republic
Claude Cheysson
United States
Reagan
Jimmy Carter