Cyprus News | Nicos Anastasiades Wins Presidential Election in South

Cyprus News | Nicos Anastasiades Wins Presidential Election in South

Nicos Anastasiades has been declared the winner of the Presidential election in the south with 57.5% of the vote and communist-backed Stavros Malas with 42.5% of the vote. Anastasiades supported the failed “yes” vote for the U.N. Annan plan in 2004, overwhelmingly rejected by Greek Cypriots resulting in a divided island joining the EU.

Anastasiades, aged 66, will take charge of a country suffering from the worst economic crisis in over forty years, with unemployment at a record high of 15%. Whether the current jubilation will continue when he tries to push through pay cuts and tax hikes is another matter.

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