Egypt's president cancels decree that sparked protests

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1 of 2. Anti-Mursi protesters stand under a banner in front of the presidential palace in Cairo, December 8, 2012.

Credit: Reuters/Amr Abdallah Dalsh

CAIRO | Sat Dec 8, 2012 11:51pm GMT

CAIRO (Reuters) - Egyptian President Mohamed Mursi cancelled a decree which had sparked huge protests by giving him sweeping powers.

But Mursi's Muslim Brotherhood said a referendum on a new constitution would go ahead as planned on December 15 - suggesting the climbdown by Mursi may not be enough to satisfy the opposition.

(Writing by Edmund Blair)

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