The eurozone crisis interrupted more than three decades of growth for Cyprus as an international business hub and the country is currently working through the harsh consequences on the economy, particularly for the banking sector. The implementation of the financial assistance package reforms, although painful, will ultimately strengthen the economy and they represent a challenge and an opportunity to reassess, recalibrate and refocus on core and emerging strengths. The underlying, and thus far resilient, strength in professional services and the non-financial sectors of the economy is seen as essential to long-term recovery.