Troika praises Ireland for ‘steadfast’ adherence to programme

Euro sign, Frankfurt

The International Monetary Fund (IMF), the European Commission (EC) and the European Central Bank (ECB) have commended Ireland's progress towards meeting its deficit targets following the eighth review of the country's funding programme. The IMF also praised Portugal's progress in the fifth review of the funding programme, but found the country would not meet its target this year.

A joint statement from the IMF, the EC and the ECB on Ireland said policy implementation "remains steadfast despite

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