The basic gist of his message is this:
Cyprus is in a huge crisis, and the country was given two choices, blackmail style.
Either the government could get no help, and see a complete collapse of the economy and the financial system, as the banks ran out of money.
Or Cyprus could take the "bailout" deal, which involves the painful tax on everyone's deposits.
The President believes the latter options is superior.
Here are some tweets to describe what the speech from folks on the ground, including Ekathimerini editor Nick Malkoutzis.
Source: http://www.businessinsider.com/cyprus-bailout-anastasiades-speech-to-the-nation-2013-3
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