The Taoiseach Enda Kenny has said the election will be early in the spring.
Mr Kenny reiterated his intention to have a 2016 election while speaking at an event in Madrid today.
Speaking to reporters, he even spelled it out, saying: "Listen to me, get this very straight: we're going to have an election early in Spring, early in the Spring.
"'E-A-R-L-Y, early in the Spring," he added.
It comes after a poll indicated an election in the new year may be the right decision.
The Behaviour & Attitudes poll was taken between October 5 and 14.
Fine Gael droped three points to 24 compared to two months ago, while Labour gained two points to 8%, but their combined support is well short of re-election levels.
Fianna Fáil fell one point to 19%, and now stand level with unchanged Sinn Féin - but the poll also shows how the electorate is becoming increasingly fractured.
17% support independent candidates, including 5% for the Independent Alliance.
The combined left bloc of the Socialist/Anti Austerity/People Before Profit alliance are on 7%, Renua are on 2%, while the Greens, Social Democrats and the Workers Party are each on 1%