The Eurozone crisis affected many countries such as Ireland, Portugal, Italy, Spain and Greece. Many argue that the eurozone crisis was triggered as a result of the global financial crisis that began in the United States in 2008. However, these countries, and Ireland in particular, would not have ended up in recession if their own economies and their debt had fallen into recession. they were in order. Ireland was the first Eurozone state to declare entry into recession. However, on 29 November 2010 the European Union, the International Monetary Fund and the Irish state agreed on an €85 billion bailout deal for Ireland, but there were problems. some policies that Ireland had to implement to receive it. The question that remains to be answered is whether these policies and conditions have actually helped Ireland overcome financial difficulties or at least recover to the point of economic and political stability. As of 2013, Ireland is on track to exit the bailout program in December. The period of high economic growth rate in Ireland was between 1995 and 2002. It was called the Celtic Tiger period and contained the increase in productivity in Ireland, a very period. The strong fiscal position of the Irish State was due to the low unemployment rate, which fell to around 4%" ("Irish economic crisis: how did it happen and what is being done about it?"). However, not long after, starting in 2002, the boom Ireland was experiencing had begun to change. Initially triggered by the 2008 global financial crisis, Ireland was in trouble. For example, “labor productivity was no longer increasing, inflation was high and GDP growth was linked to the property market” (“The Irish Economic Crisis: How Did It Happen and What is Being Done About It?”). While at this point... half of the paper... Commission, 12 June 2012. Web. 16 November 2013Ireland. International Monetary Fund, European Union. Department of Finance, Office of the Minister. EU/IMF financial support program for Ireland. By Brian Lenihan and Patrick Honohan. Dublin: np, 2010. Print “Ireland unveils bailout.” The Guardian. The Guardian News and Media Limited, 24 November 2010. Web. 16 November 2013.Peston, Robert. "Irish." BBC News. BBC, 24 November 2010. Web. 15 November 2013.Rogerson, Sir John. “What the IMF and EU bailout plan mean for Ireland in detail!” What the IMF-EU bailout plan means for Ireland in detail! Fix My Tax Limited and Web. November 16, 2013.Smyth, Jamie. “Ireland to present stimulus package.” Financial times. Financial Times Limited, 11 July 2012. Web. 14 November 2013. Lupo, Martin. “Ireland needs help with its debt.” Financial times. The Financial Time Ltd., 22 February 2011. Web. 16 November. 2013.