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Cyprus tries to contain itself, U.S. economy expands

People gather in front of Laiki (Popula) Bank as the country's banks re-open following 12 days of closure on March 28, 2013 in Nicosia, Cyprus.

Banks in Cyprus have just re-opened for the first time in two weeks, although tough restrictions are limiting how much cash customers can withdraw and what they can do with that money. Some analysts say these capital controls could threaten the fate of the euro.

Diane Swonk, chief economist with Mesirow Financial, joins Marketplace Morning Report host Jeremy Hobson to discuss whether the crisis in Cyprus will spread and how the U.S. economy is faring.

About the author

Diane Swonk is chief economist with Mesirow Financial, based in Chicago.

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