In a staggering vote-face Schauble claims that tax payers should not be hit first when bailing out banks
Schäuble defends Dijsselbloem over Cyprus bailout
While in Ireland's case, some of the junior bond holders took a haircut, they were certainly not wiped out. And the senior bond holders were fully protected.we’ve always said . . . that whenever banks get into difficulty, then it is not, in the first instance, the taxpayers’ task to step in
So, on the one hand Cyprus is a "special situation" and yet on the other hand apparently the same underlying policy has always been in place - would somebody care to tell the Irish tax payer that?