Eurozone ministers meet in Dublin on Friday to discuss Cyprus bailout and the possibility of extending rescue package repayment dates for Ireland and Portugal. The first item on the agenda is Cyprus as ministers are readying for heated deliberations over the bailout conditions in exchange for the 10bn euros from the Eurozone and the International Monetary Fund. Nicosia is eagerly waiting for the first payment of 75 million euros, due in May, to pay for public sector wages. Discussions in Dublin will also revolve around the recent estimate according to which the restructuring of Cypriot banks will throw the country into a deep recession for at least two years.