Francois Hollande assumed office during a modest ceremony at the Elysee Palace in Paris, May 15, 2012.
Francois Hollande Takes Office in France
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French President-elect Francois Hollande, right, shakes hands with outgoing President Nicolas Sarkozy before the handover ceremony Tuesday, May 15, 2012 at the Elysee Palace in Paris.
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Francois Hollande drives down the Champs Elysees avenue in Paris after the handover ceremony.
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Hollande smiles from his car during a rain shower on the Champs Elysees.
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Outgoing President Nicolas Sarkozy leaves the Elysee Palace after the handover ceremony.