NEW : President-elect Francois Hollande addresses a large crowd of supporters in Paris . NEW : With nearly all of the ballots counted , he leads with 51.6 % of the vote . The first round was held on Sunday and second round will be held next week. Later , Hollande went to Paris , where he addressed a large crowd at the Bastille . President Nicolas Sarkozy concedes , saying he carries the responsibility for the defeat .
NEW : President-elect Francois Hollande addresses a large crowd of supporters in Paris . NEW : With nearly all of the ballots counted , he leads with 51.6 % of the vote . The first round was held on Sunday and second round will be held next week. President Nicolas Sarkozy concedes , saying he carries the responsibility for the defeat .