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A euro sign is mirrored in sunglasses of a person standing in front of the European Central Bank (ECB) headquarters in Frankfurt. (RALPH ORLOWSKI/RALPH ORLOWSKI/REUTERS)
A euro sign is mirrored in sunglasses of a person standing in front of the European Central Bank (ECB) headquarters in Frankfurt. (RALPH ORLOWSKI/RALPH ORLOWSKI/REUTERS)

This year's predictions for Europe? Outlook not good Add to ...

The prediction addiction has not escaped your European business and economics correspondent. The new year is but a week old and some patterns are already emerging. It looks like energy prices, restructurings of both the sovereign and corporate variety and social unrest will define 2012, potentially making it as grim as 2011, in spite of the nascent American recovery. Herewith some ground-level notes from the slow-motion-suicide that is Europe.

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