Romanian media

Government starts restructuring. Business people: 200,000 state employees in surplus – in Ziarul Financiar

The cost of a crisis year for the banking industry: 4,200 layoffs and over 200 bank units closed down – in Ziarul Financiar

Nokia Cluj reaches 4,000 employees – in Ziarul Financiar

CR Firenze reduces capital by EUR 24 million to cover expenses – in Ziarul Financiar

Money for farms which revert to ecological agriculture – in Adevarul

Post restructuring strategy was approved by the Government – on Hotnews.ro

Salaries and pensions could stay at reduced levels for two years – on Wall-street.ro

Bulgarian PM making fun of the Romanian PM: “We're weathering the crisis better than you are” - on Dailybusiness.ro

International media

EU leaders close to accord on bank stress tests - in the Financial Times

AOL sells Bebo to Criterion Capital - in the Financial Times

Rakuten acquires French shopping site - in the Financial Times

Record orders for Apple's new iPhone - in the Financial Times

Gold prices rise on fresh economic worries - in the Associated Press

DreamWorks Animation Second-Quarter Earnings to Drop - in BusinessWeek