Cyprus economic crisis: BBC returns to Nicosia one year on
19 March 2014 Last updated at 13:42 GMT
It is one year since Cyprus staved off bankruptcy with a 10bn euro bailout.
However it came at a high price for those with larger bank deposits: their holdings were heavily scalped or taken away entirely to help pay for closing one bank and propping up others.
BBC Europe business correspondent Nigel Cassidy has returned to the capital Nicosia to see how Cyprus has fared since.