The Irish government has been an "exemplary model" of compliance with macro-economic discipline, according to the European Central Bank president Mario Draghi.
Addressing a press conference in Frankfurt he said that "despite tensions" he was confident this would continue to be the case.
He said he had "no news" on any further deal on restructuring Irish debt.
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team