Europe's leaders face post-holiday blues

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Huff Post
BARRY HATTON | August 21, 2012
Associated PressAP

After their holidays spent soaking up the August sun, Europe's political leaders are bracing themselves for storm clouds this fall.

The latest economic figures show that Europe is edging closer to recession, dragged down by the crippling debt problems of the 17 countries that use the euro. These debt troubles have tormented the eurozone for close to three years and so far have defied leaders' efforts to fix them. And the longer they take to resolve, the bigger they get.

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