Cypriot candidates woo kingmaker for election run-off

ByREUTERS
February 18, 2013 04:54




NICOSIA - Cypriot political leaders begin a week of bargaining on Monday after the first round of a presidential election failed to produce an outright winner to steer the island nation through its worst financial crisis in four decades.

Conservative leader Nicos Anastasiades, who backs a swift deal with EU and IMF lenders on a bailout to avert a Cypriot bankruptcy, won Sunday's vote but fell short of the absolute majority needed to avoid a run-off on Feb 24. He faces Communist-backed Stavros Malas in that round.

Any financial crash in Cyprus could reignite the euro zone debt crisis just as confidence slowly returns to the bloc.

Related Content
Breaking news
June 27, 2017
Trump, India's Modi call on Pakistan to stem terrorist attacks

By REUTERS