The Republic of Ireland, although small, is a modern nation perfectly integrated into the framework of world economies and international trade.

Since 2008, with the onset of the financial crisis, Ireland has been included in the group of the so-called PIGS, the countries of the Eurozone considered at risk of insolvency.

Ireland’s economic situation has worsened since 2010 when, despite aid from the European Central Bank, the Irish banking sector has failed to improve its fortunes.

Full Name: Ireland (Eire, in Gaelic) Form of Government: Parliamentary Republic President: Michael Higgins Taoiseach: Enda Kenny Euro adoption since: 1 January 1999