Egyptian President Mohamed Mursi has signed into law a new Islamist-drafted constitution.
He says it will help to end political turmoil and allow him to focus on the economy.
Anxiety about the deepening economic crisis has gripped Egypt recently and the government has imposed restrictions to reduce capital flight. Leaving or entering Egypt with more than 10,000 US dollars (7,570 euros) is now banned.
The constitution was voted for in a referendum by 63.8 percent but some Egyptians remain against it:
“They say that the ‘yes’ vote will lead to investment. On the contrary, every decision taken so far has led to our credit rating being downgraded,” said Cairo resident Samweel Girgis.
But another resident Samir Hamed is in favour of the new legislation:
“The yes vote will certainly lead to stability. We will build a state that can stand on its four cornerstones; a Parliament, an Upper House, a Presidency, and a Constitution.
“We can now begin to move forward and investment can begin to come into Egypt. What more do people want?”
President Mursi hopes the constitution will bring an end to street protests that he says have prevented a return to normality and distracted the government from being able to focus on the economy.
- 1Prosecutors believe co-pilot deliberately flew Germanwings jet into mountain
- 2Germanwings press conference mystery: what wasn’t he supposed to say?
- 3Investigators probe Germanwings co-pilot Andreas Lubitz’s background
- 4Amazement in the hometown of Germanwings co-pilot Andreas Lubitz
- 5New video shows moment Tunisia’s elite BAT squad confront Bardo Museum killers
- 1Germanwings crash: search suspended
- 2Search resumes for clues as to why Germanwings plane crashed in French Alps
- 3[Live updates] Germanwings crash investigators still searching for second Black Box
- 4Germanwings press conference mystery: what wasn’t he supposed to say?
- 5Germanwings crash: Witnesses describe moment of impact
- 1euronews live TV - News | euronews : the latest international news as video on demand
- 2Russian rumour mill suggests Putin suffering poor health | euronews, world news
- 3Slovenia becomes 11th EU nation to approve gay marriage | euronews, world news
- 4[LIVE] Germanwings passenger jet crashes in southern France, 148 people on board – authorities | euronews, world news
- 5Exclusive: CIA and Mossad are behind Boko Haram and ISIL, says Sudan president | euronews, world news
- 6Indian rapist says women to blame for being sexually assaulted | euronews, world news
- 7International news | euronews, latest international news
- 8Why is Bulgaria the EU’s most unhappy country? | euronews, world news
- 9Greece’s claim for war reparations from Germany explained | euronews, world news
- 10eurovibes - a selection of Europe’s best music talent
- 11Exclusive: Tsipras promises meritocracy, transparency for Greece, urges Europe to put people first | euronews, world news
- 12Reaching new heights: Parents in India scale walls to ‘help students cheat’ | euronews, world news
- 13Tens of thousands march in Moscow in memory of Boris Nemtsov | euronews, world news
- 14London calling: why home-loving Hungarians are flocking to British capital | euronews, reporter
- 15Handwriting and the digital age, time for change in schools? | euronews, learning world
- 16Manufacturing jihad – Nicolas Hénin explains what he learned about ISIL | euronews, the global conversation
- 17Romania left red-faced after France-Germany map gaffe | euronews, world news
- 18Which EU country has the biggest gender pay gap? | euronews, world news
- 19Putin’s secret plan to seize Crimea | euronews, world news
- 20How much sugar should you eat? | euronews, world news
Wires > News
- 02:28 CET China launches ‘Sky Net’ to better coordinate graft fight
- 02:24 CET Eight gang members in El Salvador reported killed in shoot-out…
- 02:06 CET Japan makes a start on sharing lessons from nuclear crisis
- 01:08 CET Syria’s Assad says open to dialogue with U.S. – CBS interview
- 01:05 CET UK must cut aid for Nepal if ‘endemic’ corruption persists – report
- 00:28 CET Apple’s Tim Cook will give away all his money – Fortune
- 23:23 CET Moroccan opposition in rare standoff with police over burial
- 23:04 CET Yemeni leader Hadi leaves country as Saudi Arabia keeps up air…