BBC News with Iain Purdon.
Parliament in Cyprus is voting on measures aimed at raising the $7.5bn the country needs to secure an international bailout. Among bills passed already by the assembly are the creation of a solidarity fund and a law giving the government powers to impose capital controls on banks. A number of bills are still being considered. Eurozone finance ministers are expected to meet in Brussels on Sunday to discuss the proposed bailout. The European Central Bank has said it will cut off emergency support to Cyprus’s financial institutions on Monday if no satisfactory deal is reached.
Turkey and Israel have agreed to restore diplomatic relations after Israel apologised for any mistakes made when Israeli troops stormed a Turkish ship carrying aid to Gaza in 2010 leaving nine activists dead. The Israeli Prime Minister Benjamin Netanyahu has promised to compensate Turkish families for their loss. Kevin Connolly reports.
After almost three years of refusing to apologise for a military assault on the Mavi Marmara that left nine Turkish political activists dead, Benjamin Netanyahu’s change of heart is a clear indication of the diplomatic clout that the United States still wields with its two key allies in a turbulent region. Mr Netanyahu’s call to his Turkish counterpart was apparently made from a trailer at Tel Aviv airport while Air Force One sat on the ground waiting to depart. The unglamorous setting and the last-minute nature of the call suggests the deal may not have been easy to broker.