Europe faces a summit strikeout

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BRUSSELS — European leaders have fought for two years to return their financial markets to normal, confronting a debt crisis that could ultimately imperil the common euro currency.

But the deepening travail has revealed that what was thought normal is no longer realistic. Instead, even if the euro survives, the euro zone could be facing a long period much like the past two years — slow growth, flagging confidence among investors and a doomed struggle by countries such as Greece to keep up.

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Karen DeYoung 22 Oct, 2011


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Source: http://feeds.washingtonpost.com/click.phdo?i=065c231d96abcf36535b168222488557
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