Printing money (or "Quantative Easing" as its called these days) lowers the value of all money held by savers, essentially taxing them. The UK is going this road and so is the US. Its probably a needed evil, but time will tell.
The ECB may or may not follow them, but at the moment Ireland is just waiting to see. I propose we don't wait, and that the gov tax savers in the March mini-budget.
A 0.5% tax on the value of deposits would generate about 2bln. It could be described as a levy to pay for the deposit guarentee. It might also encourage spending - as why keep your money on deposit when its getting taxed, might as well spend it.
To prevent offshoring the money, the tax could be on savings held world wide by Irish residents.