A homeless man sits on the stairs in front of the BNP Paribas Bank at la Defense business district,near Paris Nov. 10. The European Union warned that the 17 country eurozone could slip back into recession next year as the debt crisis spins out of control. The EU’s economic watchdog,the European Commission,predicted that the eurozone will grow only a paltry 0.5 percent in 2012 way down from its earlier forecast of 1.8 percent growth. EU unemployment will be stuck at 9.5 percent for the foreseeable future. (Michel Euler/Associated Press)

