The 23rd Government of Ireland is formed on January 12, 1993, following the 1992 Irish general election to the 27th Dáil held on November 25, 1992. It is a coalition of Fianna Fáil, with leader Albert Reynolds as Taoiseach, and the Labour Party, with leader Dick Spring as Tánaiste. It is the first time that these two parties are in government together. On each previous occasion Labour was in government, it was a junior coalition party with Fine Gael. The government lasts for 675 days from its appointment until its resignation on November 17, 1994, and continues to carry out its duties for an additional 28 days until the appointment of its successor, giving a total of 703 days.

The 27th Dáil lasts until 1997, but the first government falls in 1994 following the breakdown of relations between the two parties. It is succeeded in December 1994 by the 24th Government, a coalition of Fine Gael, with leader John Bruton as Taoiseach, Labour, with Dick Spring serving again as Tánaiste, and Democratic Left, led by Proinsias De Rossa. This is the only time a government with a new coalition of parties is formed within a single Dáil term.

The 27th Dáil first meets on December 14, 1992. In the debate on the nomination of Taoiseach, Fianna Fáil leader and outgoing Taoiseach Albert Reynolds, Fine Gael leader John Bruton and Labour Party leader Dick Spring are each proposed. None of these proposals are passed by the Dáil: Reynolds receives 68 votes in favour with 94 against, Bruton receives 55 in favour to 107 against, and Spring receives 39 in favour to 122 against. Reynolds resigns as Taoiseach and continues in a caretaker capacity.

On January 12, 1993, Albert Reynolds and John Bruton are again proposed for the nomination of the Dáil for the position of Taoiseach, and on this occasion, the nomination of Reynolds is successful by 102 votes to 60. Reynolds is then appointed as Taoiseach by President Mary Robinson.

After his appointment as Taoiseach by the president, Reynolds proposes the members of the government, and they are approved by the Dáil. They are appointed by the president on the same day.

Harry Whelehan SC is appointed by the president as Attorney General on the nomination of the Taoiseach. He resigns as Attorney General on November 11, 1994, on his nomination as President of the High Court, a position he serves in for only two days. Following Whelehan’s resignation, Eoghan Fitzsimons SC is appointed by the president as Attorney General on the nomination of the Taoiseach.

The Government on the nomination of the Taoiseach appoints Noel Dempsey to the post of Minister of State at the Department of the Taoiseach with special responsibility as Government Chief Whip. The Government on the nomination of the Taoiseach appoints the other Ministers of State as well.

After the sum of European Structural and Investment Funds allocated to Ireland is lower than previously announced, a motion of no confidence is proposed in the government. This is then debated on October 28, 1993, as a motion of confidence in the government, proposed by the Taoiseach. It is approved by a vote of 94 to 55.

In November 1994, following the resignation of Attorney General Harry Whelehan, it emerges that he had failed to expedite the extradition of Fr. Brendan Smyth to Northern Ireland for sexual offences committed against children. The appointment of Whelehan to the court despite this leads to a motion of no confidence in the government. Reynolds responds on November 16 by proposing a motion reaffirming the confidence of the Dáil in the Taoiseach and the Government.

On the following day, November 17, Labour withdraws from the government and Reynolds resigns as Taoiseach. The motion of confidence in the government is withdrawn. Reynolds and the Fianna Fáil ministers continue to carry on their duties until their successors are appointed on December 15.