Cyprus to ask EU for more help

Cyprus’ president has said that he will ask the European Union to provide more help for the crisis-hit country, which has to pay for most of its expected €23bn bailout.

President Nicos Anastasiades said that he will send letters to EU Commission president Jose Manuel Barroso and EU Council chief Herman Van Rompuy telling them of the “need for a change of EU policy” toward Cyprus by offering additional assistance because of the crisis and “the measures that they imposed on us”.