He was trying to put wings on his vision for a new savings account that might take off next year. The idea is to get greater returns on the €170bn currently on deposit by Irish savers. The scheme will evoke warm, fuzzy memories of Charlie McCreevy’s “special savings incentive scheme” that put money in people’s pockets in 2001. Too much of people’s hard-earned money is sitting in low-yield accounts. Too much of people’s hard-earned money is sitting in low-yield accounts.

Source: Irish Independent April 01, 2026 10:33 UTC