Troika bailout report due

Officials from the EU/IMF/ECB Troika will later today give their latest verdict on Ireland's efforts to meet the terms of our bailout deal.

As part of the deal, quarterly reviews of Ireland's progress are being carried out.

Representatives from the EU and IMF have spent the past number of days examining Ireland's efforts and are due to hold a press conference this afternoon.

It is the second assessment of our bailout deal and comes just days after ratings agency Moody's downgraded our credit status to junk.

However the Government is expected to receive a positive assessment of its efforts to comply with the terms of the bailout.