Cyprus MPs approve first EU bailout measures

Politicians in Cyprus have approved three new measures to try to save the country from bankruptcy. A massive re-structuring of Cypriot banks, tough new controls on financial transactions, and an emergency fund which pools cash from state assets and future gas revenues are planned. Cyprus has until Monday to raise more than $7bn to qualify for a European bailout. Al Jazeera's Jonah Hull reports from Nicosia.