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After election win, Anastasiades faces Cyprus bailout quagmire


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Cyprus presidential candidate Nicos Anastasiades (R), of the right wing Democratic Rally party, leaves a booth as his grandson Andis looks on at a polling station in Limassol February 24, 2013. Cypriots started voting in a runoff on Sunday to elect a president who must clinch a bailout deal for the island nation to avoid a financial meltdown that would revive the euro zone crisis. Conservative leader Anastasiades, who favors hammering out a quick deal with foreign lenders, is favored to win against Communist-backed rival Stavros Malas, who is more wary of the austerity terms accompanying any rescue. REUTERS/Yorgos Karahalis