A leaked bailout report by the European Commission has suggested that a larger budget adjustment than planned may be required for 2015.
Europe is seeking to agree by the end of the year on how to close failing banks.
"People will look back on this decade as a golden age for Irish food."
Exciting research that aims to marry the mind-boosting properties of algae with infant milk powder and develop new premium niches for grass-fed beef are among the slew of new research projects that are kicking off around the country's main research centres this week.
A new premium category in beef that is gaining market share in the US could offer Irish producers an opportunity, if research by Teagasc's Dr Aidan Moloney and UCD's Helen Roche bears fruit.