Cyprus cabinet tenders resignation over peace talk dispute

The Cypriot Cabinet offered to resign on Friday, a day after the junior partner quit the coalition in disagreement at the resumption of peace talks between estranged Greek and Turkish Cypriots on the divided island.

President Nicos Anastasiades told reporters that he had asked the ministers to remain in their posts until he announces a reshuffle, noting that this would take place by March 15 at the latest.

The upheaval also came a day after the Cypriot Parliament voted down a plan for the privatization of state assets, one of several conditions attached to the country’s international bailout.

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