Ireland was forced to take a one hundred and fifteen billion dollar bailout, from the EU, when it's banks collapsed in 2010.
One of four countries which took a bailout, Ireland will be the first to recover.
The Taoiseach warned that being out from under the bail out did not mean that tough times were behind the country.
He explained that higher taxes and more spending cuts will still be needed, but that the worst of it was over.
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