Cypriot President Demetris Christofias, the European Union’s only Communist head of state, said on Monday he would not seek re-election next year, citing lack of progress towards the island’s reunification. Elected in 2008, Christofias is lagging in opinion polls over a faltering economy and unpopular concessions in peace talks. The presidential election is due in February 2013. ”Taking as a fact that the Cyprus problem has not been solved, and it does not appear that there can be definitive progress in the next few months … I will not seek re-election,” he said in a televised address. Read More »