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Conservative Nicos Anastasiades decisively won a presidential run-off...with nearly 58% of the vote...and declared that...'Cyprus belongs to Europe.'
He wants to conclude a big 17 billion euros/$23 billion bailout package...that dragged on for 8 months under the outgoing communist leadership...and worried EU leaders...and the bond market.
Voter turnout was lower than predicted.
AFP reports that more than 30,000 Russians live in Cyprus...and billions of rubles are banked...and laundered there...to escape Moscow taxes.
http://uk.reuters.com/article/2013/02/24/uk-cyprus-idUKBRE91N00120130224
