GERMANY

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CERN to Tap New Europe Cloud Computing Project

Three key research centers and a consortium of Internet companies said on Thursday they would work together on a European cloud computing platform to handle the continent's rapidly growing demand for computer capacity.
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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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German Unemployment Ticks Up, Still at Historic low

The number of employed Germans declined slightly in February, but a statistical sleight-of-hand means the unemployment rate held steady at 6.8 percent, the lowest level since Germany became the republic that it is today.
Angela Merkel and Chinese Premier Wen Jiabao

Will China Help to Alleviate the Euro zone Debt Crisis?

China's engagement in resolving the euro zone debt crisis has been a topic of contention. High-profile Chinese leaders, such as Vice Premier Wen Jiabao and Vice President Xi Jinping, have reassured the European countries that China would invest in alleviating the debt. However, a financial plan has yet to be communicated.

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