In a victory speech to supporters in Tulle, French President-Elect Francois Hollande has declared his win "a great date for our country, and a new start for Europe." Francois Hollande defeated French President Nicolas Sarkozy in a presidential runoff Sunday and promised to govern for all of France, according to a report of CNN. "Many people have been waiting for this moment for many long years. Others, younger, have never known such a time. ... I am proud to be capable to bring about hope again," he told the cheering crowd. "Tonight, there are not two Frances. ... There is only one France, only one nation that is united with the same destiny," Hollande said yesterday. The president-elect, who will be the nation's first Socialist president since Francois Mitterrand left office in 1995, suggested there was a sense of relief in many European countries because of his win. "Austerity can no longer be something that is inevitable," he said. Later, Hollande went to Paris, where he addressed a large crowd at the Bastille.