What the newspapers say: May 19, 2011

All newspapers today read about Dominique Strauss Kahn’s resignation as head of the IMF following his arrest in the US. One newspaper reads that the state might pile up 7 billion euro by selling some minority shares at state owned companies. Seven Romanian companies attend the most important international exhibition Interpack 2011 in Germany. Several Romanian artists exposed their work at Washington and presented to the public the evolution of contemporary art in Romania. Romanians will have 10,000 places at the boxing match where Bute will defend his world title at affordable prices.

All newspapers on Thursday read about the decision of Dominique Strauss Kahn to resign as head of the IMF. In an official letter to the international organization, Strauss Kahn wrote that he absolutely denies any allegations against him. He wrote that in an attempt to protect the institution he served with commitment, he decided to resign and use all his force, energy and time to prove his innocence.

Dominique Strauss Kahn is the third IMF director to resign before the end of the 5 year mandate.

Romania libera reads that the government might pile up around 7 billion euro from selling minority share packs at state owned companies. Similar plans of privatization are found in Poland or Bulgaria. For example, Bulgaria plans to gather 8.9 billion euro by privatizing 40 companies while Poland plans to collect 10 billion euro.

The newspaper reads that the money will be redirected to the National Development Fund, at the disposal of the government and the money will be used for investments. However, there are fears that a big part of the money will be used just to sustain investments.

Seven Romanian companies will attend, at Dusseldorf Germany the most important international exhibition in the field of equipments, technologies Romania libera reads. The stand, organized by the Economy ministry presents seven important Romanian companies that exhibit various products specific to the fair.

This is the first attendance of the country at the exhibition where according to organizers over 2,700 companies across 60 countries will present their export offer.

Romania libera reads about several Romanian artists who exposed their paintings at Washington and presented the evolution of contemporary art in Romania, part of Europe’s Week events. Several thousand visitors attended the events organized by the Romanian Embassy in Washington to mark Europe’s Day.

Movies about our country, tourism opportunities, traditional dances were presented.

Gandul reads that Romanians will be able to afford the price of the tickets for the match Romanian world boxer champion Bute against French Jean Paul Mendy. The newspaper reads that organizers announced that there are 10,000 tickets available and 8,000 tickets will be purchased at prices between 30 to 50 lei.

Romanian boxer Bute will defend his IBF title on July 9 in Romania, in a first match that he holds in Romania in front of his fans.