PARIS Dec 21 European stock index futures pointed to a drop on Friday, with shares set to trim recent lofty gains after a proposal from Republican leader John Boehner to avoid the "fiscal cliff" failed to get support from his party.
At 0702 GMT, futures for the Euro STOXX 50, Germany's DAX and France's CAC were down 0.4-0.7 percent.
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India should avoid fixating on an inflation target given the need to ensure economic growth and financial stability, former central bank governor Duvvuri Subbarao warned on Tuesday. Full Article