President: Nicos Anastasiades
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.
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