Meanwhile, Irish Central Bank Governor Patrick Honohan said he expected the Irish government will have to accept a multi-billion euro loan.
Honohan told the RTE that he expected the Irish government to accept a loan of tens of billions of euro.
"It's my expectation that that is what is definitely likely to happen. That's why the large technical teams are sitting down discussing these matters," he said.
"I think this is the way forward. Market conditions have not allowed us to go ahead without seeking the support of our international collaborators."
Honohan said the loan would be used to show Ireland had "sufficient firepower to deal with any concerns of the markets."