Coveney: Cypriot-style raid on savings will never happen here
Opposition parties greeted the pledge with scepticism as they accused the Government of undermining Ireland’s bid to get a bank debt write-down by agreeing to the initial Cypriot move to impose a levy on savers.
Standing in for the Taoiseach at Leaders’ Questions in the Dáil, Agriculture Minister Simon Coveney promised a Cypriot-style levy would not be attempted in Ireland under any circumstances.
