Ireland's bail-out: Your views
The Republic of Ireland will receive a bail-out worth around 85bn euros ($113bn; £72bn).
European minister agreed to the deal that will see 35bn euros supporting the Irish banking system with the remaining 50bn euros going towards the government's day-to-day spending.
An average interest rate of 5.8% will be payable on the loans, above the 5.2% paid by Greece for its bail-out. The Taoiseach, Brian Cowen, said it was the "best available deal for Ireland".
BBC News website readers have sent in their reactions to the bail-out plan.