Taoiseach: Irish savings will not be hit with Cyprus-style tax

Taoiseach Enda Kenny has today insisted that large depositors in Irish banks are not at risk of taxes similar to those facing Cyprus.

Taoiseach: Irish savings will not be hit with Cyprus-style tax

Taoiseach Enda Kenny has today insisted that large depositors in Irish banks are not at risk of taxes similar to those facing Cyprus.

He was responding to the so-called 'bail in' which is expected to impose extensive taxes on deposits in Cypriot banks.

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