Friday headlines: media owner arrested, Govt agrees with IMF on 24% VAT
Romanian media
Pharma market gets record growth – plus 35% in the second quarter – in Ziarul Financiar
ING invests EUR 250 million in its Cluj service center – in Ziarul Financiar
Boc Government pledges to build the 2011 budget with a 24% VAT – in Ziarul Financiar
New strategy for RBS Bank – back to corporate – in Ziarul Financiar
Diverta gives up 20% of retail space and shuts down 12 bookstores – in Ziarul Financiar
Romania has 33 representatives in the Top 500 companies in the region – in Gandul
Fall brings Bershka, H&M and Armani stores – in Gandul
Sorin Ovidiu Vantu, Octavian Turcan and Stoian Alexandru, arrested for 29 days – in Adevarul
Government increases primary expenses estimate and expects lower income - on Dailybusiness.ro
Romtelecom enters cable digital television through NextGen - on Wall-street.ro
International media
Deutsche lines up pre-Basel rights issue - in FT
Trichet calls for tougher euro rules- in FT
3i set for lucrative return with sale of pump-maker - in FT
Norwegian fund boosts eurozone - in FT