But Anastasiades’ won’t have an easy time negotiating a bailout without possibly more austerity pain for Cypriots, analysts said.
‘‘It will be difficult to resist ... calls for privatizations and he will probably have to agree to sell a stake — ideally for him, not a controlling stake — in profitable government enterprises,’’ Cyprus University political science professor Antonis Ellinas said. ‘‘The question is whether lenders think that this would be enough to make the debt sustainable.
‘‘The risk Anastasiades — and foreign creditors — face, is that the new president will quickly lose political capital and become a lame duck long before recovery is in sight.’’
Cyprus, a divided island of around 1 million people in the far eastern end of the Mediterranean, is one of the smallest members of the 27-nation European Union. Cyprus was divided into a breakaway Turkish-Cypriot north and an internationally-recognized Greek-Cypriot south after a 1974 Turkish invasion triggered by a coup whose leaders wanted to unite the island with Greece. Nicosia is the world’s last divided capital.
Anastasiades sent ‘‘a message of peace’’ to Turkish Cypriots, expressing a ‘‘sincere intention’’ to achieve a reunification deal with the support of the EU and ‘‘other friendly countries.’’
Elena Becatoros in Athens contributed.