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Berlin looks to build Greek ‘firewall’
Schäuble to brief on aid for troubled nation either bilaterally or via EU
Greece set to cut chief executives’ pay
Athens has cut salaries of chief executives at state-controlled corporations as part of new tax and income measures aimed at reducing the budget deficit
European Commission wins approval
The European Parliament has approved the new Commission, removing the final obstacle for the 26 nominees who comprise the new college to take office
GM outlines Opel’s U-turn to profitability
US carmaker reveals restructuring plan that would see it invest €11bn in its Opel business over five years while cutting jobs and capacity in a bid to become profitable by 2012
Russia toughens stance over Iran
Russia expressed greater concern over Iran’s nuclear programme, with one of the closest allies to Vladimir Putin, prime minister, describing western anxiety over Tehran’s plans as “valid”
Investor headwinds lash euro solidarity
Storms over public finances are lashing southern Europe as financial markets force governments cut spending and raise tax revenues, the FT’s fiscal weather map shows
Spain reaches wage moderation deal
Spanish labour unions and employers, faced with the gravest economic crisis in half a century, have agreed to limit wage rises over the next three years to between 1 and 2.5 per cent a year
EIB rules out Greek bail-out
The EU’s long-term lending institution has quashed speculation that it might become involved in a financial bail-out of Greece, saying that would go beyond its legal mandate
China confirmed as world’s top exporter
China overtook Germany last year to become world export champion, official figures have confirmed, but Europe’s ‘Exportmeister’ can take comfort from a strong rebound at the end of last year.
European gas pipelines get green light
Gazprom says it expects to start construction of the South Stream pipeline this year and work is due to start on Nord Stream in April linking Russia to the European Union











