Friday headlines: new GDP drop scenarios, Brussels says banks can reduce exposures, WB recommends international financing
Romanian media
New round of talks with IMF starts from 0.5% GDP decline scenario in 2011 – in Ziarul Financiar
Romanian shops no longer give fiscal receipts to make food cheaper– in Ziarul Financiar
iFond brings FP shares to the Stock Exchange sooner – in Ziarul Financiar
Four banks have 33 million euros to recoup from insolvent Impact – in Ziarul Financiar
100 wind project have contracts with Transelectrica – in Ziarul Financiar
Brussels verdict: Large foreign banks could reduce their exposure by 5 percent – in Ziarul Financiar
Romanians get loan from loan sharks and don't save money in the bank – in Gandul
Govt and Bechtel will sign a financing agreement for highway in August – on Dailybusiness.ro
Pauna, World Bank: A financing from international institutions is recommended – on Wall-street.ro
EBRD: Romania will have the poorest economic performance in the region this year – on Hotnews.ro
International media
ECB chief calls for global tightening - in the Financial Times
Nokia chief calls for end to exit rumours - in the Financial Times
Swiss aim to steal EU stress test thunder - in the Financial Times
Blackstone buy-out fund hits $13.5bn - in the Financial Times
Microsoft profit beats Street but stock unmoved - onReuters
Kosovo independence declaration deemed legal - onReuters
GM to buy AmeriCredit for $3.5 billion - onReuters
Wipro profit up 31 pct to $284M on strong demand - on The Associated Press
FOCUS: Judgment Day For European Banks Arrives Friday - in the Wall Street Journal
Diamond Offshore 2Q profit falls, cuts dividend - in BusinessWeek