Foreigners who lost 3m euros or more in Cypriot bailout to get passports

Foreigners with bank deposits in Cyprus who lost at least €3 million (HK$30 million) under the European Union bailout would be given passports, President Nicos Anastasiades said. Non-resident investors who held such deposits before the bailout would be eligible to apply for Cypriot citizenship, which brought with it an EU passport, Anastasiades said.