European heads of state and government wrapped up talks on the EU's multi-annual budget after nearly 20 hours of intense negotiations at 5pm this afternoon.
The Taoiseach says the final conclusions at the end of this week's EU summit represent a 'good deal for Ireland and a good deal for Europe'.
Speaking to journalists after a 20 hours long mammoth meeting which began at 9pm last night, Enda Kenny pointed a number of areas of principle concern to the Irish state.
The Taoiseach said one of the government's 'primary interests' in protecting CAP -Common Agricultural Policy' was achieved with a nominal reduction in the amount at €1.5 billion from around €1.6 billion for Ireland.
In addition, Ireland recieved 100 million euro for assisting in Border-Midland-West (BMW) 'underdeveloped' region as well as a top up of €100 million in rural development funding.
A 'Peace Fund' worth €115 million and aimed at promoting a sustainable end to disturbances and riots that have been occuring in Northern Ireland will fund cross-border initiatives.
Across the EU, 6 billion euro has been set aside in the budget to assist in easing youth unemployment for under 25 years olds.
Mr. Kenny said the meeting was 'long and torturous' at times but 'worth the effort'.  As President of the European Council, hee is now charged with taking the final agreement to MEP's at the European Parliament who are expected to debate it strongly over the next couple of months.
Negotiations were said to be fraught with demands and a reluctance to maneouvre by some leaders resulted in a 6 hour delay in commencement.
The UK along with Sweden, Germany and the Netherlands demanded that the budget be revised downward from a figure of €1.25 trillion to €960 billion - a figure that the British Prime Minister, David Cameron can happily present to the significant euro-sceptic elements in UK Parliament.