The European Commission voiced optimism on Friday that Ireland was on track to return to the borrowing market, offering a brighter assessment than the IMF issued this week.
Irish authorities have made progress in fixing the nation's wrecked finances, successfully completing the recapitalization of the banking sector while the economy is expected to return to growth this year, the commission said.
"Usually we are very prudent in our assessments... In this case we are particularly optimistic," Amadeu Altafaj, spokesman for EU economic affairs commissioner Olli Rehn, told a news briefing.
EU more optimistic than IMF on an Irish market comeback - Economy - Business - Ahram Online
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