The Tanaiste Eamon Gilmore says he feared for the financial survival of the state during his first few months of Government.
He made the comments last night in his opening address to the MacGill Summer School in Glenties.
Delivering the John Hume lecture, he said that while the country still has challenges to face, the steps taken so far mean Ireland's prospects of economic recovery have been substantially improved.
Eamon Gilmore told MacGill that there's been a substantial turn around in the fortunes of the country in recent months..............
This is the 32nd year of the summer school, exploring the theme Reforming and Rebuilding the Republic. Tonight, Taoiseach Enda Kenny will address the event, this morning and this afternoon, the background to the Mahon and Moriarty Tribunals will come under the spotlight.