Nicos Anastasiades waves to supporters in Nicosia
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Cyprus election: Nicos Anastasiades elected president

Centre-right leader Nicos Anastasiades has won the Cypriot presidential election with 57.5% of the vote.

It was a comfortable victory over Communist-backed Stavros Malas on 42.5%. Mr Malas has admitted defeat.

Mr Anastasiades takes power as Cyprus stands on the brink of bankruptcy, hit by the knock-on effect of Greece's economic woes.

Mark Lowen reports.

  • 25 Feb 2013
  • From the section Europe