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Hollande needs Leftists to take control of lower house of Parl, currently dominated by conservatives, to carry out his plans to redirect economy.
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Sarkozy has repeatedly denied receiving any money from the former Libyan leader Gaddafi.
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Opinion polls show the People`s Party, led by Mariano Rajoy, has an unassailable lead over the ruling Socialists.
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Support for the government collapsed in the face of the beleaguered economy.
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The decision of Social Democratic Party will put pressure on the PM.
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Tens of thousands people rallied on Friday in front of the Albanian government building in Tirana, backing calls by the opposition Socialists for a recount of ballots from last year`s elections.
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Greece`s ruling socialists continue to lead their main opposition conservative rivals despite having taken tough austerity measures to deal with the country`s debt crisis, an opinion poll showed on Saturday.
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Greece`s Socialists under the leadership of George Papandreou won elections on Sunday after voters expressed their discontent over the conservative government`s handling of the economic crisis and corruption.
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Portuguese Prime Minister Jose Socrates` Socialists were re-elected for a second term on Sunday but without the absolute parliamentary majority they currently enjoy, sparking fears of instability.
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