Tuesday headlines: Romanians spend more on consumption, Hungarians - bulk of foreign tourists, Cora opens in Arad

Romanian media

Head of BCR says the economy shows signs of revival – in Ziarul Financiar Dacia will exceed 500,000 cars from 2012 – in Ziarul Financiar Romanians spend 72% of revenues on consumption and only 2% on investments – in Ziarul Financiar Bucharest comes last in foreign investors' eye – in Ziarul Financiar US firm Cameron sees USD 70 million business for the first year of activity in Pitesti – in Ziarul Financiar Electrica had EUR 146 million after the privatization. Where's the money? – in Ziarul Financiar President's mother dies. Unionists and opposition give president a break – in Gandul Offers for students – rents in Bucharest, 40% lower than in 2008 – in Gandul Hungarians make the bulk of foreign tourists in Romania – in Gandul Kazakhs want Rompetrol shares back – in Adevarul Surprize: 2011 will be a frantic year for mall developers – on Dailybusiness.ro Romanian takes helm of renault Technologie Roumanie – on Wall-street.ro Romania, fifth place in the top of spam source countries – on Wall-street.ro Cora opens new hypermarket in Arad – on Wall-street.ro Texas-based Lufkin start construction works on USD 126 million factory in Ploiesti on Wednesday – on Wall-street.ro Enterprise Investors buys minority package in X-Trade Brokers for EUR 57 million – on Wall-street.ro

International media

Call for new global currencies deal - in FT EU nations win a year’s reprieve on state aid - in FT Sanofi launches $18.5bn bid for Genzyme- on Reuters U.S. sues AmEx, Visa, MasterCard, latter two settle - on Reuters Currency Controls Tighten as Korea Audits Banks, Brazil Doubles Bond Tax - on Bloomberg