Nicolas Sarkozy Takes Over Reins of UMP Leadership
Nicolas Sarkozy delivers his acceptance speech at the UMP congress in Le Bourget. Sarkozy, the outgoing French Finance Minister, replaces Alain Juppe as party leader of the centre-right UMP (Union for a Popular Movement) after amassing 85% of the votes. He is expected to use his leadership base in a bid for the 2007 Presidential elections.
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