Cypriot president announces retiral

Cypriot president Demetris Christofias, the European Union’s only Communist head of state, has said he will not seek re-election next year, citing lack of progress towards the island’s reunification.

By The Newsroom

Published 15th May 2012, 03:30 BST

Elected in 2008, Mr Christofias is lagging in opinion polls on the faltering economy.

European Union