Wednesday headlines: RCS & RDS launches TV station, Romania gets 2% of allotted EU funds, WikiLeaks paves way for Obama critics

Romanian media

The first economy revival signs emerge. The question is, how solid are they? - in Ziarul Financiar Isarescu: we have reduced the interest rate, but banks have not - in Ziarul Financiar Oprescu expects Lia Manoliu stadium and Basarab passage in 2011 but doesn't announce any other major projects - in Ziarul Financiar Romania got less than 2% of the allotted EU funds. The remainder needs to be used in the next three years - in Ziarul Financiar Local IT companies are among the most dynamic in the region - in Ziarul Financiar Danube-Bucharest, a EUR 800 million project – in Adevarul EU fund absorption in 2010, under the 2009 level – in Adevarul Hackers have stolen EUR 15 million carbon certificates from Holcim – in Adevarul Radu Moraru and RCS & RDS launches 10TV station on December 10– in Adevarul New mall in Bucharest: EUR 150 million for the first phase of a project in Bucurestii Noi – on Dailybusiness.ro MedLife starts works on Brasov hospital. Initial investment above EUR 2.5 million – on Wall-street.ro

International media

Google in advanced talks with Groupon; $5bn deal would give search engine the edge in virtual marketing- in FT European company borrowing costs rise- in FT Safe havens rally as euro plunges again- in FT "Don't hunt down my son," says mother of WikiLeaks founder- on Reuters WikiLeaks opens the floodgates for critics of the Obama administration- in Washington Post Ahead of the Bell: ABB to buy Baldor for $3.1B- in Business Week