The Taoiseach, Enda Kenny, said that the Cypriot bailout deal - which protects bank depositors with under €100,000 - would reassure savers across the EU.
"I very much welcome the fact that all deposits in Cypriot banks below €100,000 have been fully safeguarded," he said in a statement today.
"This is an important reassurance to savers across the Union."
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