Cyprus Leaders Stats


Conservative Democratic Rally candidate Nicos Anastasiades won the February 2013 run-off election by one of the biggest margins for many years, promising to do whatever was needed to secure a financial rescue package.

He pledged to hammer out a quick deal with foreign lenders and bring Cyprus closer to Europe, in a shift from the policies of the outgoing Communist government that first sought aid from Russia before turning to the European Union.

He quickly reached agreement with the European Union and IMF on a 10bn-euro bank bailout, which was equally-quickly amended to safeguard smaller bank accounts after parliament rejected the deal. Finance Minister Michael Sarris felt obliged to resign, and the country continues to face deep recession.

In contrast with the policies of his predecessor who objected to any links with NATO, Mr Anastasiades says one of his first tasks would be to apply for Cypriot membership of the NATO-affiliated Partnership for Peace.

Mr Anastasiades, aged 66 when he was elected, is a lawyer known for his no-nonsense style and impressive access to important European policymakers like German Chancellor and fellow-conservative Angela Merkel.

Eight months of talks on a bailout package turned Cyprus into a big headache for the euro zone, triggering fears of a financial collapse that could reignite the bloc's debt crisis.

Cyprus had been shut out of international capital markets for almost two years, with the outgoing administration resorting to heavy borrowing from state-owned corporations to pay public sector salaries.


Head of state > Term limit for head of state 5 2014 67th out of 145
President Nicos Anastasiades 2013
President > Summary Nicos Anastasiades promised to secure a financial bailout for his country 2013


Adblocker detected! Please consider reading this notice.

We've detected that you are using AdBlock Plus or some other adblocking software which is preventing the page from fully loading.

We don't have any banner, Flash, animation, obnoxious sound, or popup ad. We do not implement these annoying types of ads!

We need money to operate the site, and almost all of it comes from our online advertising.

Please add www.nationmaster.com to your ad blocking whitelist or disable your adblocking software.