Monday, February 25, 2013

Conserative candidate wins Cyprus election

AAA??Feb. 24, 2013?12:28 PM ET
Conserative candidate wins Cyprus election
By MENELAOS HADJICOSTISBy MENELAOS HADJICOSTIS, Associated Press?THE ASSOCIATED PRESS STATEMENT OF NEWS VALUES AND PRINCIPLES?

Opposition party leader and presidential candidate Nicos Anastasiades votes with his grandson Andis, in the Presidential election in southern port city of Limassol, Cyprus, Sunday, Feb. 24, 2013. Faced with the specter of financial meltdown, Cypriots are choosing a new president with the conservative candidate favored to win over his left-wing rival in a runoff vote Sunday.(AP Photo/Petros Karadjias)

Opposition party leader and presidential candidate Nicos Anastasiades votes with his grandson Andis, in the Presidential election in southern port city of Limassol, Cyprus, Sunday, Feb. 24, 2013. Faced with the specter of financial meltdown, Cypriots are choosing a new president with the conservative candidate favored to win over his left-wing rival in a runoff vote Sunday.(AP Photo/Petros Karadjias)

A man votes in the presidential election in southern port city of Limassol, Cyprus, Sunday, Feb. 24, 2013. Opposition party leader Nicos Anastasiades garnered 45.46 per cent of the vote in the first round of voting, some 18 points over communist-backed Stavros Malas. (AP Photo/Petros Karadjias)

Left-wing presidential candidate Stavros Malas votes in the Presidential election in Nicosia, Cyprus, Sunday, Feb. 24, 2013. Faced with the specter of financial meltdown, Cypriots are choosing a new president with the conservative candidate favored to win over his left-wing rival in a runoff vote Sunday. (AP Photo/Philippos Christou)

A replica of a ballot with two presidential candidates, right-wing opposition leader Nicos Anasatsiades, left, and left-wng Stavros Mallas is posted on a wall by a police officer, right, at a polling station in southern port city of Limassol, Cyprus, Sunday, Feb. 24, 2013. Opposition party leader Nicos Anastasiades garnered 45.46 per cent of the vote in the first round of voting, some 18 points over communist-backed Stavros Malas. (AP Photo/Petros Karadjias)

Right-wing opposition leader and presidential candidate Nicos Anastasiades with his granddaughter Nikoletta leaves after voting in the presidential election in southern port city of Limassol, Cyprus, Sunday, Feb. 24, 2013. Anastasiades garnered 45.46 per cent of the vote in the first round of voting, some 18 points over communist-backed Stavros Malas. (AP Photo/Petros Karadjias)

(AP) ? Final results show that conservative candidate Nicos Anastasiades has won Cyprus' presidential runoff election by one of the widest margins in 30 years.

According to the Interior Ministry's website, with all the votes counted, Anastasiades had won 57.48 percent of the ballots, far ahead of left-wing rival Stavros Malas, who had 42.51 percent of the vote.

Cypriots are choosing their leader at a critical time.

Their country faces the specter of financial meltdown, and the new president will be under pressure to quickly finalize a financial rescue package with the eurozone's other 16 countries and the International Monetary Fund.

Associated Press
People, Places and Companies: Cyprus

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2013-02-24-Cyprus-Presidential%20Election/id-8148732ed6884f488624b40553a86f26

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