Troika: 'Ireland on track but challenges remain'

A team of experts from the European Commission, the European Central Bank and the International Monetary Fund has given a qualified pass to Ireland's progress in its economic programme, imposed in return for an €85 billion bail-out last November.

"The teams' assessment is that the programme is on track but challenges remain and steadfast policy implementation will be key," the troika experts said in a two-page review of the ongoing austerity and structural adjustment programme.

Th...