It’s been one year since the second largest bank in Cyprus, Laiki Bank, was shut down leading to a $13 billion European Union bailout.  The country’s financial services sector was a big part of the economy and its resulting overhaul lead many bank depositors to lose a chunk of their savings. The BBC’s Lucy Burton joins Marketplace Morning Report host David Brancaccio to explain how the country is doing one year later — and how it hopes to recover. 

From Marketplace.org, a look at previous coverage about Cyprus:

–Lessons from Cyprus: How to work without cash
–How the Cyprus crisis has some thinking of Bitcoin
–Where will money launderers go after Cyprus