Monday headlines: Garrigues closes down Bucharest office, state wants EUR 1 bln on Romtelecom stake, Basarab passage opened in March 2011


Romanian media

newspapers e1276838523565 Monday headlines: Garrigues closes down Bucharest office, state wants EUR 1 bln on Romtelecom stake, Basarab passage opened in March 2011Four mall in Bucharest worth over EUR 1 billion. Will they find buyers? – in Ziarul Financiar

2011 budget proposes drastic drop in expenses, 2.2 percent of the GDP – in Ziarul Financiar

Romania faced five financial crises in the last five years due to the lack of financial education – in Ziarul Financiar

Banca Transilvania raised EUR 26 million from investors in the first share issuance since the beginning of crisis – in Ziarul Financiar

Volksbank assets, down 8 percent in three months, to EUR 4.8 billion – in Ziarul Financiar

Garrigues closes down Bucharest office after two years a a half – in Ziarul Financiar

Valerian Vreme: We want EUR 1 billion on Romtelecom – in Ziarul Financiar

Romania in cablegate: the US secret files publishes on Wikileaks: 775 secret telegrams sent to Bucharest for the 2009 elections – in Gandul

Hungarian shareholders want to build 100 MW wind park in Harghita – in Gandul

Fondul Proprietatea doesn’t want to give any money to the state – in Adevarul

22 new banks entered Romania since the beginning of the year, according to BNR – in Adevarul

Romanians have courage to start businesses again – on Dailybusiness.ro

Airline traffic further grows by 10 percent – on Dailybusiness.ro

Synevo opens in Bucharest the biggest lab on SE Europe- EUR 10 million – on Wall-street.ro

Basarab passage will become functional in March 2011 – on Wall-street.ro

International media

US tries to limit WikiLeaks damage- in FT

Disposal adds $7bn to BP’s oil spill fund- in FT

Ministers sign off on €85bn Ireland deal- in FT

France and Germany agree mechanism for future crises- in FT

Amazon seeks to expand globally- in FT

Euro zone awaits market verdict on debt rescue plans- on Reuters

BP to sell Pan American stake to Bridas for $7 billion- on Reuters

Holiday shoppers move online for Cyber Monday deals- the Detroit News

Salvation Army may face challenge reaching holiday fundraising goal – on Southeast Missourian

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