Michael Noonan, Irish Finance Minister
Media playback is unsupported on your device
Video

Ireland's economic progress gets EU approval

The Republic of Ireland's progress on deficit reduction has been approved by the European authorities - a condition of last year's bail-out.

They have looked at the Republic's performance throughout the first three months of the year and have said that it has met its targets.

The country's Finance Minister, Michael Noonan, told a news conference the country had "done what it had set out to do".

Go to next video: Meeting over Irish rescue deal