Memorandum of Understanding
A Memorandum of Understanding is published for each review. Each contains copies of the Letter of Intent to the EU Authorities, the updated Memorandum of Understanding on Specific Economic Policy Conditionality, the Letter of Intent to the IMF, the Memorandum of Economic and Financial Policy and the Technical Memorandum of Understanding.
December 2010
April 2011
July 2011
November 2011
February 2012
May 2012
August 2012
November 2012
March 2013
June 2013
Council Implementing Decisions
December 2010
Link to Council Implementing Decision on granting Union financial assistance to Ireland (2011/77/EU)
Links to subsequent Council Implementing Decisions amending Implementing Decision 2011/77/EU on granting Union financial assistance to Ireland:
May 2011
August 2011
October 2011
November 2011
June 2012
Staff Reports
Joint EC/IMF/ECB missions visited Dublin in April 2011 (when the first and second reviews were taken together), July 2011, October 2011, January 2012 and April 2012 to conduct reviews of the economic adjustment programme which was agreed in November 2010. The missions review progress to date, discuss policy challenges ahead and prepare updated specifications of the program conditionality for future reviews.
Following each review mission both the EU Commission and the IMF prepare Staff Reports. These reports provide a detailed assessment of compliance and summarise the main findings of the mission. They are used to support the findings of the review mission, and agreement by the EU and IMF that each review has been completed.
Links to European Commission Staff Reports on Ireland
First and Second Reviews
Published May 2011
Third Review
Published September 2011
Fourth Review
Published December 2011
Fifth Review
Published March 2012
Sixth Review
Published June 2012
Seventh Review
Published September 2012
Eight Review
Published January 2013
Ninth Review
Published April 2013
Links to IMF Staff reports on Ireland
First and Second Reviews
Published May 2011
Third Review
Published September 2011
Fourth Review
Published December 2011
Fifth Review
Published March 2012
Sixth Review
Published June 2012
Seventh review
Published September 2012
http://www.imf.org/external/pubs/cat/longres.aspx?sk=26248.0
Eighth review
Published January 2013
Ninth Review
Published March 2013
Other relevant documents/web-pages
European Stability Mechanism Act 2012
http://www.irishstatutebook.ie/2012/en/act/pub/0020/index.html
European Financial Stability Facility Act 2010
European Financial Stability Facility and Euro Area Loan Facility (Amendment) Act 2011
Council Regulation (EU) No 407/2010 of 11 May 2010 establishing a European Financial Stabilisation Mechanism
European Financial Stability Facility and Euro Area Loan Facility (Amendment Act) 2011
UK Loan agreement (December 2010) - link to UK Parliament website to the Credit Facility to Ireland provided by The Commissioners of Her Majesty’s Treasury
EU Commission web-page on Irish Programme
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