Romanian media
Basescu warning: If we don't cut budget salaries, we will need a new loan. This year only we'll have to pay EUR 10 bln for previous debt – in Ziarul Financiar
Petrom's three-month profit, similarly to yearly profit - in Ziarul Financiar
Romanians put EUR 60 million in mutual funds every month - in Ziarul Financiar
Changing leaders on the daily market? Friesland has lost EUR 25 million in sales - in Ziarul Financiar
The volume of construction works, up 35% in March - in Ziarul Financiar
Boc announces it will revamp 900 km of roads and build 4,000 houses this year. What do his parents think about the pensions cut – in Gandul
Budget employees explain the disaster in the public system: we have incompetent bosses, who take bribes and have no vision – on Dailybusiness.ro
Volcanic cloud could reach Romania's sky on Monday – on Dailybusiness.ro
Four flights from Otopeni and Baneasa, canceled because of the ash cloud – on Wall-street.ro (in pic)
State companies are not cutting salaries – in Adevarul

International media
Global action to defuse market tension - in the Financial Times
€300bn late payments hit European companies - in the Financial Times
Harrods ponders Shanghai store - in the Financial Times
Philippines goes to the polls - in the Financial Times
Death toll in Siberia mine blast rises to 30: reports - on Reuters
Ash disrupts Europe airspace, Germany, Italy reopen - on Reuters
IPad's international launch slated for May 28 - on Reuters
EU Crafts $962 Billion Show of Force to Halt Euro Crisis - in BusinessWeek
Computer Trades Are Focus in Wall Street Plunge - in the New York Times