European leaders access warned of a difficult year ahead, as abounding economists adumbrate recession in 2012… so the BBC reports. They go on to say that advance in Europe has adjourned as the debt crisis has affected governments to carve spending. The leaders’ New Year letters came as arch economists polled by the BBC said they accepted a acknowledgment to recession in Europe in the aboriginal bisected of 2012.

However, it doesn’t access to be all doom and gloom.

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