Ireland passes first Troika review

The Government has said Ireland has successfully finished its first Troika review after the exit of the bailout.

Inspectors from the EU and IMF have been Dublin for several days to examine Ireland's ability to repay €67bn euro in bailout loans.

In a statement this afternoon the government said the inspection was successful and that the government remains committed to balancing the budget.

Ireland will be subject to regular visits from EU inspectors until it repays three-quarters of its bailout loans, a target expected to be met in the year 2034.

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