Cypriots protest as MPs debate tough EU bailout deal Angry Cypriot MPs were debating on Tuesday a controversial 10-billion-euro EU-IMF bailout deal, with the government warning its rejection would be "catastrophic" for the eastern Mediterranean island's teetering economy. Outside parliament, some 400 people demonstrated to protest the package, which has forced Cyprus to radically downsize its bloated banking sector, raise taxes and cut public spending. Images and soundbites