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Make sure you downloaded and installed the official 1.07 patch before you installed the latest beta. In any case it's screwed up, and you need to do this:
Well I admit to being confused here. My version does not have a EuropaUnversalis2.exe only an EU2.exe.
Hmm, just had a thought though, when you unzipped the patch, I see that you selected "overwrite", however did you also select "maintain directory structure" or "keep directory structure" or what ever the program you used calls it?