Germans Leery of Merkel Promise on Deposit Security: Poll

Cypriot bank-account holders’ efforts to protect their deposits during bailout talks fed concerns among Germans that their own savings may be at risk, according to a poll.

Some 67 percent of Germans “greatly” or “somewhat” fear for their savings after an initial rescue plan for Cyprus included an unprecedented tap of bank deposits, a Forsa GmbH poll for RTL Television and Stern magazine showed. The country’s lawmakers unanimously rejected the proposal, part of a move to avert Cyprus’s insolvency.