Taoiseach Enda Kenny says there is no "row" between Government and the EU's top official who claims the euro currency was a "victim" of the problems caused by Ireland.
Mr Kenny also insists the Government is still pursuing the backdated recapitalisation of the banking system.
He said the EU decision of 18 months ago to treat Ireland as a special case still stands.
"There isn't any row here," he said.
"There is no difference of opinion in respect of the decision of the 29th of June," he added.
Categorically rejecting suggestions Ireland should now be helped by Europe, European Commission President Jose-Manuel Barroso cut loose on Ireland.
He said the problems in the Irish banks caused a "major destabilisation" in the euro.
"I am saying this because it would be wrong to give the impression that Europe has created a problem for Ireland and now Europe has to help Ireland.
"In fact, it was the banking sector in Ireland - it was one of the biggest problems in the world in terms of banking stability what happened in Ireland. Let's be honest about this.
"Now, after this, the Irish authorities and Irish people made a great effort, that we very much admire, and thanks to that effort, that we very much admire, and also thanks to the effort of the other euro area countries and European institutions, Ireland was able top exit the programme," he said.