- On January 23, 2011, Green Party leader John Gormley announced the party is withdrawing from the coalition and would like to take Ireland for an early election. The elections are now likely to be held even before the originally scheduled date of March 11, 2011.
- Talks between political parties on January 24, 2011 has brought an agreement that the parliament will be dissolved by February 1, 2011 and that the election will be held by February 25, 2011. On the other hand, discussion about a critical finance bill (austerity bill) aimed at securing an international bailout by a planned tax hikes and spending cuts will be taken up before January 28, 2011.
- On January 29, 2011, the Parliament passed a key finance bill to secure the country's bailout package. With this, the line is clear for Prime Minister Brian Cowen to call elections.
- End of January 2011: The coalition government between Fianna Fail and the Greens collapses in the aftermath of the political turmoil that followed Ireland being forced into a £72 billion bail-out by the EU and IMF at the end of last year.