Monday headlines: Cosmote leaves America House HQ, new head for Philip Morris, energy giants ready next year

Romanian media

Nicolae Danila, the wealthiest Romanian banker, has EUR 21 million in liquid assets. How he hedges against risk: has accounts with 15 banks – in Ziarul Financiar BCR lost EUR 120 million from clients who refinanced loans with other banks – in Ziarul Financiar Deutsche Telekom will invest EUR 1 billion in South Eastern Europe – in Ziarul Financiar One in three Romanians won't buy Christmas gifts – in Ziarul Financiar Cosmote moves HQ from America House, leaves 15 % of the building empty – in Ziarul Financiar Roman Yazbek leaves helm of Philip Morris. Russian expat, journalism graduate, to replace him – in Ziarul Financiar Retailers invest EUR 70 million in store for year-end, to get on the holiday shopping wave – in Ziarul Financiar The generic drug market could grow by 50 percent in the next three to four years – in Gandul EUR 300 million, state aid for Romanian farmers – in Gandul Energy giants, ready next year – in Adevarul One of three Italian companies leaves Romania – in Adevarul Decathlon opens fifth store in Romania – on Wall-street.ro Cluj: BCR receives RON 100,000 fine from Consumer Protection – on Wall-street.ro

International media

Europe’s leaders at odds over bond plan- in FT Ireland to speed up shrinking of banks- in FT Exclusive: AOL mulls breakup, then merger with Yahoo- on Reuters Madoff trustee sues HSBC for $9 billion in court- on Reuters Firewall needed as eurozone stands on brink of meltdown- on Telegraph.co.uk