But while the report was bursting with a gung-ho confidence, sentiments ran similarly high among the canal's opponents.
Domestic and international economic conditions are improving, monetary policy decisions are conducive to exit and confidence and sentiment towards Ireland has improved considerably in recent months.
He starts by discussing the economic climate – saying that eurozone economic growth remains "weak" (an understatement), with fears over the crisis weighing on confidence and sentiment.
In confidence terms, sentiment improved towards both currencies in January and February (the US economy looked better while Italian and Spanish bond yields fell) only to deteriorate in recent weeks.
Nonetheless, in the face of the energy price spike and the erosion of optimism in financial markets, consumer confidence, or sentiment, appears to be holding up reasonably well to date, though there have been some mixed signals of late.
The government also wants to send a very clear message, at the same time that we are affirming a clear commitment to reforms and economic growth, that we have an investor-friendly regime – a message to lift investors' confidence and sentiment, and to dispel the perception that India was not making decisions.
"It is not a particularly good sign that consumer confidence and sentiment levels remain as low as they are, even after almost $100 billion of tax rebates have hit consumer's wallets in the past several months," Joshua Shapiro, the chief domestic economist at MFR, wrote in a note.
However, their temporal resolution is low (consumer confidence and sentiment surveys are usually conducted on a monthly base).
These stats were confirmed by the stock market's recovery and various surveys of consumer confidence and sentiment.
The Department of Finance said confidence and sentiment towards Ireland has improved considerably in recent months and domestic and international economic conditions were also improving.
