GERMANY

The European Central Bank (ECB) President Mario Draghi

Greek Bailout, U.S. Nonfarm Payrolls Highlight Economic Tape Next Week

The week ahead will largely be defined by two major events. First, on Friday, the February U.S. nonfarm payrolls report will be released, providing important data about the economic recovery. Second, also on Friday, euro-zone finance ministers will hold a conference call to decide whether Greece can get its second, €130 billion ($175 billion) bailout.

Spain defies Brussels on deficit target

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Spain set itself a softer deficit target for 2012 than originally agreed under the euro zone's austerity drive, putting a question mark over the credibility of the European Union's new fiscal pact.
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Starbucks

Starbucks Plans Europe Push via Instant Coffee, New Stores: Report

Starbucks Corp. (Nasdaq: SBUX), the world's biggest coffeehouse chain, plans to grab market share from Switzerland-based food giant Nestle SA in the area of instant coffee and increase the number of Starbucks stores in Germany to more than 1,000 from 150, the Financial Times Deutschland reported Friday.
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Japan watchdog orders Adidas to stop price fixing

Adidas said it would step up its compliance efforts in Japan after its unit there received a warning from the Fair Trade Commission saying it unlawfully pressured retailers to stop them from offering discounts on Reebok EasyTone sneakers.
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Starbucks targets Nestle market share: report

U.S.-based Starbucks Corp is planning to strengthen its presence in Europe and grab market share from Switzerland's Nestle in the area of instant coffee, its chief executive told a German newspaper.
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Leaders' comments from European Union summit

European Union leaders met on Thursday to discuss the right balance between budget austerity and reviving lost growth, at the first summit for two years in which the euro zone debt crisis did not eclipse all else.
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Europe drags on global economy, few policy options

Prospects for a strong recovery in the global economy darkened on Thursday as sputtering factory activity in Europe overshadowed more upbeat data from Asia, at a time when central banks are running out of policy options and reluctant to do more.
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Spain hardens deficit stance as recession looms

Spanish borrowing costs fell at an auction on Thursday despite a grim economic backdrop that has pushed the government to step up its drive for leeway from Brussels on its difficult debt cutting targets.
Tehreek-i-Insaf

2 NATO Soldiers Shot Dead by Afghans

Two NATO soldiers were shot dead on Thursday by two Afghans, including a man believed to be a soldier, NATO said, an attack that is likely to raise further questions about the future of the country's security forces.
Greece

Greek Parliament Approves Cuts in Health Spending

The Greek parliament approved an extension of pharmacy opening hours and cuts to drug spending Thursday as part of a package of healthcare reforms agreed in return for last week's 130 billion euro international bailout deal.

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