Friday headlines: Money for ecological farming, Post restructuring, Bulgaria better at dealing with crisis

Romanian media

Government starts restructuring. Business people: 200,000 state employees in surplus – in Ziarul Financiar The cost of a crisis year for the banking industry: 4,200 layoffs and over 200 bank units closed down – in Ziarul Financiar Nokia Cluj reaches 4,000 employees – in Ziarul Financiar CR Firenze reduces capital by EUR 24 million to cover expenses – in Ziarul Financiar Money for farms which revert to ecological agriculture – in Adevarul Post restructuring strategy was approved by the Government – on Hotnews.ro Salaries and pensions could stay at reduced levels for two years – on Wall-street.ro Bulgarian PM making fun of the Romanian PM: “We're weathering the crisis better than you are” - on Dailybusiness.ro

International media

EU leaders close to accord on bank stress tests - in the Financial Times AOL sells Bebo to Criterion Capital - in the Financial Times Rakuten acquires French shopping site - in the Financial Times Record orders for Apple's new iPhone - in the Financial Times Gold prices rise on fresh economic worries - in the Associated Press DreamWorks Animation Second-Quarter Earnings to Drop - in BusinessWeek