A man sits in front of empty ATMs outside the National Bank of Cyprus, which has been closed for two weeks on March 26, 2013 in Nicosia, Cyprus. - 

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, 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

Follow David Brancaccio at @DavidBrancaccio