LONDON — Declaring the imminent end of an “economic emergency,” Prime Minister Enda Kenny predicted over the weekend that Ireland would emerge from an international bailout program in December, the latest sign that the euro debt crisis may be past its bleakest phase.

The announcement, issued on Saturday, suggested that the 17-nation euro zone could pass a significant psychological threshold this year. If Mr. Kenny’s timetable holds, Ireland will be the first of the four countries that received huge bailouts to wean itself off international support.

“Ireland is on track to exit the E.U.-I.M.F. bailout on Dec. 15,” Mr. Kenny said at a conference for his political party, Fine Gael, in Limerick, referring to the European Union and the International Monetary Fund. “There is still a long way to go, but at last the era of the bailout will be no more. The economic emergency will be over.”

Analysts, however, warned that the situation in the euro zone remained fragile, with feeble economic growth and the risk of political instability as voters tire of austerity policies blamed for deepening recessions and worsening joblessness.