"The attitude of the people proves that not only do we want to, but that we can succeed in pulling our country out of the difficult position it finds itself in. The banking system of our country will survive and grow."
Nicos Anastasiades (Greek: Νίκος Αναστασιάδης [ˈnikos anastasiˈaðis]; born 27 September 1946) is a Cypriot politician and businessperson, who served as the seventh president of Cyprus from 2013 to 2023. Previously, he was the leader of Democratic Rally between 1997 and 2013 and served as Member of Parliament from Limassol between 1981 and 2013.
First elected in the 2013 presidential election, he was re-elected in 2018. He entered the presidency amid a deep economic crisis in Cyprus which was bai...
Nicos Anastasiades (Greek: Νίκος Αναστασιάδης [ˈnikos anastasiˈaðis]; born 27 September 1946) is a Cypriot politician and businessperson, who served as the seventh president of Cyprus from 2013 to 2023. Previously, he was the leader of Democratic Rally between 1997 and 2013 and served as Member of Parliament from Limassol between 1981 and 2013.
First elected in the 2013 presidential election, he was re-elected in 2018. He entered the presidency amid a deep economic crisis in Cyprus which was bailed out by the Troika (the European Commission, European Central Bank and International Monetary Fund). During his tenure, the economy improved. His administration introduced a national minimum wage and cut public spending. He was involved in negotiations to reunify Cyprus but failed to reach an agreement.
Prior to becoming president, Anastasiades founded a law firm that provided offshore services and aided in particular Russian clients. A considerable legacy of Anastasiades' presidency is the close relationship with the Russian government, with which he signed several agreements to promote closer economic and financial ties. During this time, Cyprus became an important vehicle for Russian oligarchs to hide their wealth and evade international sanctions. This coupled with a controversial 'citizenship for investment' scheme that was popularly used by Russian and Asian investors to obtain EU passports have created a perception of corruption around the Anastasiades administration. He was mentioned in the Panama Papers, Troika Laundromat, and Cyprus Papers leaks.
