Ireland can look forward to more jobs boosts like the creation of 450 roles by internet auction website eBay, Taoiseach Enda Kenny has declared.
The US online company will begin hiring immediately for the new positions - which will be mainly in customer service - at its offices in Dundalk, Co Louth.
The "high quality" posts, which are in addition to the 1,000 new jobs announced by its subsidiary PayPal last year, will be filled over the next three years.
Mr Kenny said it was an "exceptional" development for the country, and the north east in particular.
"The fact that global technology leaders like eBay and PayPal are expanding their operations here shows that we have the local talent pool, infrastructure and business environment to attract high quality investments," he said.
The Taoiseach said the vote of confidence in the Irish economy would be backed up by further investment in the wake of the bank debt deal struck with the European Central Bank last week.
"The markets would have factored in what it assumed was the borrowing requirements for the country over the next 10 years," he said. The fact that this agreement has been reached has meant they now look at Ireland as having to borrow 20 billion euro less than was assumed over the next 20 years. That strengthens our reputation internationally, already reflected in a number of ratings agencies."
Mr Kenny said the reaction to the promissory notes deal had been "quite extraordinary" and restored Ireland's international reputation in terms of its seriousness about dealing with economic problems.
Ebay and PayPal already employ 2,300 people in Ireland, at operations in Blanchardstown, west Dublin, and at the Dundalk Business Campus.
Gary Hagel, senior director with eBay, said the company would be taking on people with a wide range of skills, adding: "Hiring starts immediately and we expect to have some of these new people working with our customers from as early as May this year."