BBC News with Marion Marshall.
The president of Cyprus, Nicos Anastasiades, has defended a 10bn euro bailout deal to save the country’s banks from collapse. Mr Anastasiades, who negotiated the agreement with the EU and the IMF in Brussels, said in a televised address that the agreement laid the foundation for the future of the country.
"Cyprus found itself at(on) the brink of economic disaster. Our choices were not easy and it was not an easy environment. After hard negotiation to a sense of responsibility, we got to a conclusion that safeguards the future of the country. The agreement is hard, but under the circumstances it is the best possible we could have achieved.”
The Cyprus deal protects small savers, but depositors with more than 100,000 euros, many of whom are Russian, face big losses.
The British Prime Minister David Cameron has announced plans to tighten the rules on state welfare to immigrants. People from other European Union countries will lose unemployment benefits after six months unless they can prove they have a reasonable chance of finding work. Rob Watson has more.
Opinion polls suggest immigration is among the voters’ biggest concerns. Now David Cameron has become the latest politician to join the debate on immigration with a promise to tighten the access of newcomers from the EU to benefits, social housing and free healthcare. It’s not thought the new rules will have a massive impact, but for David Cameron the message is more important than the measures-- the message being that the government is listening to the voters on immigration.