Main points from the revised bailout terms:
- Minimum wage to be restored with in exchange for reduction in employers' PRSI
-Ireland has met bailout conditions for first quarter of 2011
- All the critical benchmarks for end-December 2010 and for end-March have been met
- Nama II for loans under €20 million will not now go ahead
- Govermment jobs initiative agreed with bailout troika, to be unveiled next month
- EU-IMF wants Irish banks fully recapitalised by July 31st
- Fiscal Advisory Council to be created to provide an independent assessment of public finances
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- Fiscal Responsibility Bill to be submitted to Dáil before end of 2011