Sunday, February 4, 2018

Cyprus election challenger Malas concedes defeat to president Anastasiades

Cyprus flag
Cyprus President Nicos Anastasiades held an unassailable lead in a run-off election, securing 55.9 percent of vote with 95 percent of votes counted, and challenger Stavros Malas called to congratulate him on victory, Cyprus state television said Sunday.

Anastasiades, 71, has taken credit for steering the Cypriot economy to recovery after it was plunged into crisis in 2013 by its exposure to debt-wracked Greece and fiscal slippage under a former left-wing administration.

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