There is an interesting op-ed in the Irish Times today, from Stephen Flood of Goldcore. This is on foot of a research note which they have produced (introduced by yrs trly) on the state of play on Bail Ins (where depositors become part of the solution to bank recapitalization, a la Cyprus) across europe.
The risk of such bail-in in Ireland is low. But then so too are interest rates. It might be useful for people, in saving, to consider not just yield but also liquidity risk. Irish banks are well capitalised – but then we have heard that before.