Romanian media
With his own government unable to restructure the budget-fueled sector, president cuts pensions and unemployment aid – in Ziarul Financiar
Sales go up 30 percent for Euroclinic in the first quarter – in Ziarul Financiar
P&G makes EUR 280 million sales locally, down 11 percent – in Ziarul Financiar
The head of VIG operations in Romania: We could talk about increase in 2011 – in Ziarul Financiar
Traian Basescu: I trust we will succeed. Salaries go down 25%, pensions, down 15%. Boc will not go down – in Gandul
IMF negotiations: Isarescu had the final word – in Adevarul
Industry investors: Orders have increased, but we can't cover them because we don't have financing – in Dailybusiness.ro
Marius Ghenea – I had planned to float FiT Distribution in 2009 – on Wall-street.ro
(in picture, Romanian president Traian Basescu)
International media
Cameron stakes claim to No 10 - in the Financial Times
Cadbury helps Kraft to 26% rise in revenues - in the Financial Times
Greece passes tough austerity package - in the Financial Times
Bank of Japan pumps funds into market - in the Financial Times
Capgemini rises on recovery hopes - in the Financial Times
ECB gives Greece verbal support, dashes rescue hopes - on Reuters
Ash cloud forces Irish airport closures, Dublin clear- on Reuters
China Price Jump May Show Yuan Peg Stoking Inflation -in BusinessWeek
Gold slips below $1200 after rally toward record - on Reuters
US retailers post sales growth for April in fifth monthly increase -in the Washington Post