Hi °C | Lo °C CONSERVATIVE candidate Nicos Anastasiades has won Cyprus's presidency by one of the widest margins in 30 years, and now faces the formidable task of preventing a Cypriot financial meltdown.
Mr Anastasiades (66) won the runoff election with 57.48pc of the vote, far ahead of left-wing rival Stavros Malas, who took 42.51pc.
The election comes as Cyprus is negotiating a rescue package with the eurozone's other 16 countries and the IMF.
The wide margin of Mr Anastasiades's victory indicates Cypriots are prepared, to a degree, to stomach what could be painful austerity measures to reform the economy.
Irish Independent
