Yes, but it's more complicated than that. Because Ireland has huge social programs that have been funded in large part by EU member states (in other words, Germany) -- I mean that's the ideal isn't it, to have Democrat-style big government programs and not have to worry about having to pay for any of it.
IMHO, its not more complicated than that, because Govt aid has *not* helped Ireland and in general *doesnt* help build economies.
If Govt aid helped economies, Africa would be the richest continent.