Nicos Anastasiades

Nicos Anastasiades
Νίκος Αναστασιάδης
Anastasiades in 2022
7th President of Cyprus
In office
28 February 2013 – 28 February 2023
Preceded byDemetris Christofias
Succeeded byNikos Christodoulides
President of the Democratic Rally
In office
8 June 1997 – 10 May 2013
Preceded byYiannakis Matsis
Succeeded byAverof Neofytou
Member of the Cypriot House of Representatives
In office
4 June 1981 – 27 February 2013
ConstituencyLimassol
Personal details
Born (1946-09-27) 27 September 1946 (age 78)
Pera Pedi, Limassol District, British Cyprus (now Cyprus)
Political partyDemocratic Rally (1976–present)
Centre Union (before 1977)
Spouse
(m. 1971)
Children2
Alma materUniversity of Athens
University of London
Signature

Nicos Anastasiades (Greek: Νίκος Αναστασιάδης [ˈnikos anastasiˈaðis];[1][2] 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.[3]

Having served in parliament for over three decades, Anastasiades was elected to the presidency in 2013 amid a deep economic crisis. He responded by negotiating a bail-out agreement with the Troika group, consisting of the European Commission, European Central Bank and International Monetary Fund. This required the island to generally cut public spending, though his administration remediated this by attracting significant foreign investment and then increasing the minimum wage, improving the economy. He was re-elected in 2018.

Anastasiades' foreign policy involved the greatest unification talks since 2004, but ultimately failed to reach an agreement. Another considerable legacy of his presidency is his longstanding relationship with Russia, dating back prior to his election due to his law firm that focussed on Russian clientele. Anastasiades signed several agreements to promote closer economic and financial ties with Moscow, turning Cyprus into a vehicle for Russian oligarchs to register their assets there and avoid international sanctions implemented since 2014.[4][5] Coupled with the controversial investment-for-citizenship program, this created a perception of corruption, something that his supporters have denied, and he reversed his policies drastically following the 2022 Russian invasion of Ukraine.[6][7] He was mentioned in the Panama Papers,[8] Troika Laundromat,[9] and Cyprus Papers leaks.[10][11]

  1. ^ ULUSOY, Kıvanç (2015). Doğu Akdeniz'de Güç Mücadelesi ve Kıbrıs Sorunu (in Turkish). International Strategic Research Organization (USAK). ISBN 9786054030989.
  2. ^ "Sayarı: "Anastasiadis solun adayı Malas karşısında yarışın favorisi görülüyor"". KIBRIS POSTASI. Retrieved 4 February 2018.
  3. ^ "Βιογραφικό | Προεδρία της Κυπριακής Δημοκρατίας".
  4. ^ "Cyprus ignores Russian atrocities, Western sanctions to shield vast wealth of Putin allies". ICIJ. 14 November 2023.
  5. ^ "How Cyprus rose to become the beating heart of the Putin regime's shadow financial system - ICIJ". ICIJ. 14 November 2023.
  6. ^ "Cyprus president wants corruption claims against him investigated". Reuters. 2022.
  7. ^ "Cyprus to Probe Graft Allegations against Former President Nicos Anastasiades". www.occrp.org. 2024.
  8. ^ Cite error: The named reference :8 was invoked but never defined (see the help page).
  9. ^ Cite error: The named reference :9 was invoked but never defined (see the help page).
  10. ^ OCCRP (2021). "The Golden Friends and Neighbors of Cypriot President Nicos Anastasiades". OCCRP.
  11. ^ Dawkins, David (2020). "Billionaires Worth Over $35 Billion Could Be Locked Out Of Europe As Cyprus Finally Suspends 'Golden Passport' Schemes". Forbes.