Cypriot President Nicos Anastasiades has decided to cut his own salary by 25 percent, while cabinet members will take a 20 percent reduction, a presidential aide told Euro News on Thursday. The president "has already authorized the accountant general to reduce his own salary by 25 percent," undersecretary to the president Constantinos Petrides told reporters. Both Anastasiades and the cabinet are also renouncing the 13th month salary to which nthey are entitled. Earlier on Thursday, Cyprus has reopened its banks for the first time in 12 days amid the island's continuing financial crisis.
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