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Nicos Anastasiades winner of first round of elections in Cyprus
Debt stricken Cyprus held the first round of presidential elections on Sunday in which pro-bailout candidate Nicos Anastasiades secured over 45% of votes, while two anti-bailout candidates Stavros Malas and George Lillikas saw a 26.9% and 24.9% support, respectively.
The runoff election will take place on 24 February and right-wing Nicos Anastasiades is expected to defeat left-wing Stavros Malas.
The newly elected president will have to face a difficult task of mending the distressed country’s economy. Bailout negotiations with international lenders, halted after outgoing communist president Demetris Christofias clashed with the IMF over its conditions, will be resumed after the election.