Will confidence in Cypriot banks return?

Will confidence in Cypriot banks return?

Subscribe to our channel http://bit.ly/AJSubscribe Banks reopened in Cyprus after a 12-day lockdown, with most branches guarded by private security guards to ensure law and order. Still, banking is under strict capital controls designed to prevent a catastrophic run on the banks. Authorities say the controls will be temporary, but not many people believe that. The biggest question is: will confidence return in Cyprus as a financial center? Al Jazeera's Simon McGregor-Wood reports from Nicosia. At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.' Reaching more than 270 million households in over 140 countries across the globe, our viewers trust Al Jazeera English to keep them informed, inspired, and entertained. Our impartial, fact-based reporting wins worldwide praise and respect. It is our unique brand of journalism that the world has come to rely on. We are reshaping global media and constantly working to strengthen our reputation as one of the world's most respected news and current affairs channels. Social Media links: Facebook:   / aljazeera   Instagram: https://instagram.com/aljazeera/?ref=... Twitter:   / ajenglish   Website: http://www.aljazeera.com/ google+: https://plus.google.com/+aljazeera/posts