Monday headlines: Medicover hospital in Pipera, Ford increases local production, JTI axes 20% of staff, Romanian Post divided
Romanian media
Vladescu: “We are struggling with banks because they are asking exaggerate interest for state titles, over 8 percent a year” - in Ziarul Financiar
How were money spent on Cortina project, the biggest bankruptcy of a housing project - in Ziarul Financiar
A hospital will be built on a land plot sold by Gigi Becali - Medicover to build hospital in Pipera - in Ziarul Financiar
Foreigners and BNR increased foreign exchange deals in May to EUR 37 billion - in Ziarul Financiar
Pedal to the metal for Ford at Craiova, with production increase from 15 to 120 cars a day - in Ziarul Financiar
JTI fires 20 percent of employees - in Ziarul Financiar
Negoita brothers expect EUR 1.5 mln in revenues from Water Park in Otopeni - in Ziarul Financiar
State is looking to apply taxes on the wealth of several Romanians having hidden their fortunes throughout Europe – in Gandul
Romanian Post will be divided into operational units – in Adevarul
Over 60 percent of Romanians from urban areas believe the country will exit crisis in one to five years – on Dailybusiness.ro
Coldwell Banker puts EUR 25,000 in new subsidiary in Ferdinand area – on Wall-street.ro
International media
Strong euro hid crisis, says EU chief - in the Financial Times
Positive forecasts from European bosses - in the Financial Times
Daimler has grand plans for small cars - in the Financial Times
Economic Outlook: West set for inflation to ease - in the Financial Times
Merkel, Sarkozy to show united front ahead EU summit - on Reuters
Buffett Auction Fetches $2.6 Million - in the Wall Street Journal