Cyprus re-elects president as nation returns to economic growth
Nicos Anastasiades re-elected as Cyprus president. He wins bid to continue overseeing Mediterranean island's economic recovery nearly six years after country came close to financial collapse
Micos Anastasiades, 71, the candidate of the centre-right Disy party, won 56% of the vote, compared with 44% for Stavros Malas, an independent candidate backed by the leftist Akel party, according to Cypriot Interior Ministry figures. A first-round vote on 28 January had failed to deliver a victory to Anastasiades who also won against Malas in the 2013 presidential election.
"Anastasiades' key selling point was that he and his team had turned around the economy after a severe crisis," said Fiona Mullen, director of Nicosia-based Sapienta Economics. "While there are doubts about Anastasiades' ability to solve the Cyprus problem, ultimately people voted with their pockets".
To keep reading
please sign up for free!
Already have an account? Sign in here.
Editor's Picks
Euro reform
—
22.06.2018
Eurozone finance ministers back new powers for ESM
Benefits
—
20.06.2018
Luxembourg refutes cross-border unemployment plan
Tax
—
20.06.2018
UK companies to face pre-Brexit tax bombshell from EU
Tax avoidance
—
20.06.2018
Engie told to pay €120m in back taxes to Luxembourg
