Global growth should slowly continue in 2012, while Europe will likely only just muddle through its current situation, according to a new quarterly global strategy outlook report from Barclays Wealth.

“There is a good chance that Europe will be able to avoid a complete disaster, although not do a whole lot better than that, so that modest growth will continue,” Barclays Wealth Chief Investment Officer Aaron Gurwitz said at Barclays’ office in New York on Wednesday.

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