Cairo, Egypt (CNN) -- Bowing to eight days of protests, Egyptian President Hosni Mubarak announced Tuesday night that he will hand over power to an elected successor "in a constitutional way" when his term ends in September.
"My first responsibility now is to restore the stability and security of the homeland, to achieve a peaceful transition of power in an environment that will protect Egypt and Egyptians and which will allow for the responsibility to be given to whoever the people elect in the forthcoming elections," Mubarak in a televised address Tuesday night.
But the announcement rang flat in Cairo's Tahrir Square, where thousands of protesters erupted in chants of "Down with Mubarak" and "The people want the president to be judged" following his announcement. Some waved shoes in the air -- a deep insult in the Arab world -- and said they would continue their demonstrations until Mubarak quits outright.
"This is not enough," Mahmoud Safi, a lawyer taking part in the Cairo demonstrations, told CNN shortly before the announcement. "We have one request. We want him to leave our country now, immediately, not tomorrow."
And Mohamed ElBaradei, the Nobel Peace Prize winner who has become a leading opposition figure, said Mubarak's decision would only "extend the agony." READ FULL ARTICLE