European Commission publishes Ireland's Post-Programme Surveillance Report, Autumn 2022

The mission took place in Dublin from 4 to 6 October 2022. It found that the outlook for public finances is favourable, in spite of risks on the downside. The Irish financial system remains sound and has not suffered any major setbacks from the pandemic, but the deteriorating economic outlook warrants some caution.

The objective of the Post-Programme Surveillance visit is to assess the economic, fiscal and financial situation to ensure the Member State maintains its capacity to service its debt to the European Financial Stabilisation Mechanism (EFSM), the European Financial Stability Facility (EFSF) and bilateral lenders. The report concluded that Ireland retains the capacity to service its debt.

Download the report here.