French President Nicolas II concedes defeat in re - election bid . Most of his economic reforms , such as raising retirement age were poorly received . Sarkozy was praised for sure - footed handling of the shootings . Critics say Sarkozy avoided criticism as he diverted attention from financial issues .
French President Nicolas Sarkozy concedes defeat in re-election bid . Most of his economic reforms , such as raising retirement age were poorly received . Sarkozy was praised for sure-footed handling of Toulouse shootings . Analysts say Sarkozy received boost as shootings diverted attention from financial crisis .