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Monday, January 02, 2012

GLOOMSDAY http://ow.ly/8fPiv

Germany and Europe Expect a Tough 2012

The year 2011 was a bad one for Europe. But 2012, Angela Merkel believes, could even be worse -- for her country at least. Both the German chancellor and Finance Minister Wolfgang Schäuble believe the euro crisis will finally make itself felt in Germany. The outlook isn't any rosier elsewhere on the Continent.

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