Too true they are really showing their true colours now

Remember years ago bank employees labtops kept getting stolen wit information about accounts And personal details on the hard drive? Hmmm hmmm hmmm hmmm is their any geniuses out there that can figure out why this happened? Numerous times too.

Jenny well said the person that made the decision to tax savings must be up there in that ivory tower with kenny and gilmore,

@leonard
I have no idea what kind of conspiracy you are suggesting.
People losing laptops when out is pretty straight forward. Unlikely any data was ever retrieved or targeted.

Not losing. Stolen. Aib, Boi, Anglo all happened to them. Look into it while i adjust my tin foil hat:-D

They are going after the russians money,they are using the banks there to launder there funny money.

A lot of the labtops weren’t encrypted and had account details on them.
Serious tho ask yourself if you where in the “know” would these account details be useful to ye?

Why not spell out what you are claiming.
You think the EU have to steal info in order to what?
You will get people to be suspicious but I don’t get what of.

Stealing info, to systematically wage economic warfare on nations who are susceptible to a good owl fashioned robbery. They have to make the money back that they gave us for our various projects, hospitals, public transport, motorways etc.

Noonan chaired the meeting that made the decision, I’d say he was the first with his hand in the air when the vote went in. They wanted to take 40% fro accounts but thought this might be going a little too far..and the statement from this shower was stomach churning they agreed with it as it was the lesser of 2 evils. We get it taken every week in the form if USC from our paypackets and what do we do? Nothing as usual, this country makes me sick

The SS is long gone these days. Russian businessmen and organised criminals having a tax-haven in which they can dictate and which is inside the EU is something for EU countries to be rightly worried about.

There is a lot of talk about a nation’s sovereignty over the past months. Cyprus may lose their sovereignty though a bail-out deal with the EU bi-wigs, but they definitely lose their soveignity through a exclusively Russian bail-out. If it’s a choice of who will be their new master, Russia may not be the safer option.

The other point that, if it were a choice of owing €17 million to the ECB / ESM ( as originally applied for ), and owing €10 million to the EU instruments with the bank depositor levy and national asset sale, which would be more damaging to the long-term sovereignty of the country?

There’s been a big u-turn in the opinions of the regular commenters here, as up until now they’ve taken a very clear stance of “owing more = bad”, but one this issue it has been completely reversed.

For example, if the banks had not been recapitalised in Ireland, it would be inevitable that the depositors would have been hit, retrospective guarantee or no. But this is put forward as a more preferable option to what had actually happened.

So why is it considered wrong that Cyprus tries to minimise the amount it must borrow from the EU to stay afloat?

Gilmores in the Vatican on his knees praying fervently for Divine inspiration!

I was perfectly confident until he felt the need to come out and say this.

Never believe anything until it’s been officially denied

Me too! Won’t be long until the IMF start demanding that here. Forget the matress or the safe, I’m going to transfer all of my saving into my UK bank accounts, (Thankfully I kept them all) where the IMF can’t get their hands on it. It’ll be saver in sterling anyway.

Colm you’re dead right, just make sure the institution will guarantee more than 60% of your deposits in case of a run on their reserves.

I always divide my savings across at least three different banks and usually several accounts in each one, just in case.

Not according to Gerry Adams. Your savings are a part of the “wealth of Ireland” which he would like to see taxed.

A revolving door marked entry FG or FF…all the same.

No padraig. You pay 30 % dirt on the interest on savings. Funny how people leave out or add words to make things sound worse

I think DIRT is 33% now.

Thats the problem in Ireland .. No one listens to the message but slams the messenger. Fact is that a precedent is being set and Irish banks most likely are still not tellimy the truth. Two pillar banks that can’t be believed is not a basis of growth.

You’re right – that’s a far worse problem than making stuff up with no basis of fact – just like what yourself and Michael McGrath did there!

Each to their own Paul; a precedent is being set. Why would it not be used should Irish banks need more money. They haven’t covered themselves with glory in past number if years. FF & FG are pretty much the same thing to me.

If merkel and the imf want to impose this , they will , they won,t let abank gaurantee get in the way ………its complete and utter bullying a serious weapon used time and again in this financial warfare (WWIII if u ask me , with the markets as the battlefield) , getting extremely rich the ultimate goal

Nothing is safe ,
Cyprus may well reject this draconian measure (and look for russia to bail them out ……….for the price of a %of cyprus untapped gas reserves ) , = 2fingers to merkel and co