Irish govt says it has successfully concluded first and second quarterly EU/IMF programme

  • Says EU/IMF has allowed it to revise programme of support to include new measures
  • IMF/EC/ECB will agree on a revised MOU (quess that’s memoradum of understanding) in May
  • Fully in line with the EU/IMF programme at end of Q1
  • Taking account of lower banking recapitalisation cost, requesting that timing of EU/IMF drawings be adjusted

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