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Hollande assumes the presidency in France

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PARIS — In a dignified ceremony in a red and gold hall in the Élysée Palace, François Hollande, 57, was inaugurated on Tuesday morning as president of France, the first Socialist to hold the office since François Mitterrand left in 1995.

“We are a single France, undivided,” Mr. Hollande said after his investiture, promising a presidency of “dignity, simplicity and soberness.” He vowed that “the state will be impartial because it belongs to all of its citizens” and insisted that a united France could meet its difficult social and economic challenges, but warned that the country “cannot have sacrifices on one side and privilege on the other.”

Full story: Hollande Assumes the Presidency in France