I write here about the election in France, but first must note that the most important European news this week very well may come from Greece. The legislative elections there clearly show the disastrous political consequences of hyper-austerity. They demonstrate that the European handling of the crisis has not only brought no remedy. It has aggravated the problem. The results of the Greek elections provide the context for understanding politics in Europe, including France.

In France, François Hollande’s victory did not come as a surprise, but the nature of the victory indicates fundamental changes in the political landscape. The unexpected element was the relatively low margin of victory. He received only 51.6% of the votes after having led constantly in the polls, approaching 60% at times. Sarkozy’s far-right accented campaign shocked the so-called “Republican right,” leading the center right leader François Bayrou to vote for Holland in the second round of the election. It did, though significantly, enable Sarkozy to win substantial support from those who voted for the far-rightist Marine Le Pen in the first round. This needs deliberate consideration.

Sarkozy’s hyper-nationalist, openly anti-European and strongly anti-Islam stance during the last days of the campaign ominously has reunited the right on an ideological basis. Of course, Sarkozy’s neo-nationalist turn was partly tactical, but now there is a real possibility of a dialogue between the far-rightist National Front and the “Republican” right (the President’s party UMP). The so-called “droite populaire,” a part of the UMP that claims 70 députés in the Assemblée nationale, is not against talking to Le Pen. The new ideological horizon for the French right is undoubtedly one of the most important consequences of the presidential election. Sarkozy has played the nationalist and anti-Islam card with an unexpected dedication, particularly if one recalls his attitude during the first years of his presidency, when he practiced the “ouverture” to the left and to ethnic minorities, appointing the French-Senegalese Rama Yade and the French-North Africans, . . .

Read more: Election in France: A European Roosevelt?