The Finance Minister says today is a 'good friday' for the EU.
It's after member states agreed a rescue package of supports for Governments struggling to pay for their coronavirus response.
It will help states pay for wage subsidy schemes and provide low interest loans to businesses.
Minister Paschal Donohoe says the State also borrowed 6 billion euro to help see it through the pandemic.
"We borrowed that with an interest rate of 0.25%.
"And there are two reasons why we were able to do it - the first and bigger reason is how Ireland is now viewed as a country to lend to, as a result of everything that has happened in our country in recent years."
