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Francois Hollande declared he would "open a new way in Europe" as he was inaugurated Tuesday as president of France in a ceremony at Elysee Palace in Paris. Hollande, 57, is the seventh president of the Fifth Republic and the first Socialist to hold the office since Francois Mitterrand.
Outgoing president Nicolas Sarkozy (L) welcomes France's new president Francois Hollande on the steps of the Elysee Palace in Paris, France, on May 15, 2012. UPI/Eco Clement
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