Anastasiades Government

The Cabinet Nikos Anastasiadis is March 1, 2013, the Government of the Republic of Cyprus Demetris Christofias and dissolved the Cabinet II from.

Prologue

After Anastasiadis was elected on February 24, 2013 as President, he agreed with the party DIKO to an existing coalition of eleven members.

Five ministers come from Anastasiadis ' party Democratic Rally, another four from the coalition partners and as Minister of Finance, an independent economist was appointed. The European centrist party is represented by a minister in the government.

Members of the Cabinet

Reign

Cyprus conflict

Although his time Anastiades had spoken in favor of the Annan plan. Leaned Turkish Prime Minister Recep Tayyip Erdoğan continues to be a ratification of the so-called Ankara Protocol from which would have meant the recognition of the Republic of Cyprus by Turkey and was regarded as one of the prerequisites for EU membership of Turkey.

Financial crisis

Because of the difficult financial situation of the country, the President made ​​an additional economic council, the Nobel Prize winner Christopher Pissarides projects. This Council should draw up proposals as the republic was to lead from the financial crisis. The negotiations about possible financial assistance of the EU was to take it, which were applied by the previous government of Cyprus to prevent a national bankruptcy. Anastiadis but pointed out a financial transaction tax as a haircut there would not be with him. During the night, however, as of March 16 2013, the finance ministers of the euro group decided at a meeting in Brussels, private creditors should be a flat rate on their savings participate with a maximum of 9.9%. Ministers tasked the banks would be frozen, the corresponding amounts to a bank to prevent run. On the same Saturday morning also put the Central Bank of Cyprus bank trading completely lame. So the Oninebanking was set as transaction and transfers frozen within and outside Cyprus. Also with the ATM was cash only up to the daily limit available. The few cooperative banks Saturdays worked their service and presented a closed their stores. Furthermore, it was decided to provisionally indefinitely to open all the banks do not again. The Cyprus Stock Exchange introduced a then their trade.

Originally, the aid package for Cyprus should be 17 billion, but by the compulsory levy, the EU hoped for a total of about 5.8 billion euros to save and put Cyprus a sum of just over 10 billion views. This aid package should be adopted on Sunday evening by the Cypriot Parliament. As in the run but no apparent majority for the vote was moved to then again postponed by another day on the following Monday. As the 56köpfige Parliament had ultimately to decide on 19 March 2013 on the aid package, it was able to record no voice for it. 36 MPs voted against, 19 abstained and one deputy was absent from the vote.

On March 28, 2013, the banks took their operation under increased security protection, after a ten- day break, again. Financial transactions, however, were still limited, so could not stand more than 300 € cash per customer per account. Payments by credit cards abroad prohibited, with amounts in excess of € 5,000 a month. Every movement of over 5000 € controlled. Sums over € 100,000 remained frozen for the percentage.

After new negotiations with the troika, authorize the EU deposits up to € 100,000 to get rid of compulsory levies, so that the Cypriot Parliament on April 18, 2013 more demanded reforms to take shape konnte.So was the corporate tax from 10% to 12.5 % raised. In addition, taxes on interest income at 30% set.

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