Friday headlines: Central Bank forex reserve down, Accenture hiring, pension budget on EUR 1 bln deficit

Romanian media

Pension budget runs 1bn-euro deficit after five months – in Ziarul Financiar Bankers raise deposit interest rates to keep clients – in Ziarul Financiar NBR's forex reserve down in June for second month in a row – in Ziarul Financiar 3,900 Romanians go to Greece on holiday weekly – in Ziarul Financiar Just 5% of Romanians living in cities want to take out a loan – in Ziarul Financiar Accenture set to hire 150 Romanians at Bucharest outsourcing centre – in Ziarul Financiar Altex selling iPhone 4 in Romania – on Capital.ro Prices go up during one night to the same extent as in Hungary in six months – on Dailybusiness.ro BCR changes its retail manager – on Wall-street.ro

International media

ECB grants banks €111bn in funding - in the Financial Times Automakers see no sign of expected recovery - on Reuters Google to Acquire Air Travel Data Company - in the New York Times GM Revs Up Volt Production to 10000 Cars for 2011 - in the Wall Street Journal Mortgage Rates on 30-Year US Loans Fall to Record - in BusinessWeek