Wednesday headlines: labor productivity up, EUR 360 mln WB tranche in January, Mega Image to open Shop&Go

Romanian media

Basescu about exit from the crisis: in the first quarter, half, the second half of 2011 – in Ziarul Financiar Foreign debt costs EUR 3 billion a month since the beginning of the year – in Ziarul Financiar Labor productivity increasing. How long will the trend last? – in Ziarul Financiar Taher signs sale of 12 hectares in Electroputere – in Ziarul Financiar A&D Pharma: pharma market will grow by at most 10% next year – in Ziarul Financiar Bucharest: the city with 29 Lamborghinis, 102 Ferraris and 1,000 Porsches – in Ziarul Financiar Piraeus Bank moves EUR 1.9 billion worth of loans to London – in Ziarul Financiar Miele Romania will end the year with EUR 2.15 million turnover, up 10-12% – in Ziarul Financiar A&D Pharma has EUR 4 million to renew the Mediplus car fleet – in Ziarul Financiar In 2010, the state axes 8,000 more employees than private companies did – in Gandul Four out of ten Romanians managed to put money aside. Most of them keep savings in house – in Gandul World Bank: The EUR 360 million tranche, delayed three times, could be sent in January – in Adevarul Sources: Ikea, in advanced talks to open store on Pallady boulevard in Bucharest – on Dailybusiness.ro Metro opens fourth Metro Punkt store in Targoviste – on Dailybusiness.ro Carrefour opens 30th supermarket also in Targoviste – on Dailybusiness.ro Boc: 2010 was the year of restraints, 2011 will be the year of development – on Dailybusiness.ro Kingstone Technology expects 13% higher business in Romania this year – on Dailybusiness.ro Coldwell Banker: EUR 500 million of real estate projects at risk of bankruptcy in 2011 – on Dailybusiness.ro Mega Image enters the proximity stores segment with Shop & Go stores – on Wall-street.ro

International media

Global resources spending soars- in FT Call to Merkel on eurozone bonds - in FT Assange remains in jail despite bail- in FT Berlusconi hangs on to power as riots hit Rome- in FT Survey names Facebook best place to work - on Reuters