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Bloomberg
Nicos Anastasiades was re-elected as Cyprus president, winning his bid to continue overseeing the Mediterranean island’s economic recovery nearly six years after the country came close to financial collapse.
Anastasiades, 71, the candidate of the center-right Disy party, won 56 percent of the vote, compared with 44 percent for Stavros Malas, an independent candidate backed by the leftist Akel party, according to Cypriot Interior Ministry figures.
A first-round vote on Jan. 28 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.