X Close

Archives

Cyprus president says committed to stability, swift bailout

MYT 11:55:00 PM

NICOSIA (Reuters) - Cyprus's new President Nicos Anastasiades vowed on Thursday to work for a swift conclusion of a bailout on the cash-starved island threatened with a financial meltdown which could reignite the euro zone debt crisis.

"We are seeking the solidarity of our (EU) partners, and within that framework we will negotiate for the conclusion of a loan agreement the soonest possible," Anastasiades said in his investiture speech to Cyprus's parliament.

Newly elected President of Cyprus Nicos Anastasiades waves to supporters during a proclamation ceremony at Eleftheria stadium in Nicosia February 24, 2013. REUTERS/Yorgos Karahalis
Newly elected President of Cyprus Nicos Anastasiades waves to supporters during a proclamation ceremony at Eleftheria stadium in Nicosia February 24, 2013. REUTERS/Yorgos Karahalis

Conservative Anastasiades, 66, swept to victory in a presidential runoff on February 24, armed with a strong mandate to conclude on desperately-needed aid from the European Union and the International Monetary Fund.

(Reporting By Michele Kambas; Editing by Toby Chopra)

advertisement

  1. Betong blast: Car bomb kills three, Malaysian among 36 injured in southern Thailand
  2. Grrr! Science proves dog jealousy is a real thing
  3. Selangor MB crisis: Hadi wants Khalid to continue as Mentri Besar
  4. 2014: A tragic year for aviation
  5. International community in awe of PM’s handling of MH17 tragedy
  6. Boy leaves a stink on board flight
  7. Experts: Get set for an acute water shortage
  8. Missing Air Algerie flight reported crashed
  9. Search for missing Air Algerie plane carrying 116 people
  10. Air Algerie loses contact with plane over west Africa

advertisement

advertisement