Euro Crisis Mires Continent In Longest Slump Since War.

The article discusses ongoing recessionary conditions in the euro zone stemming from a sovereign debt crisis that emerged there in 2009. Gross domestic product in the region fell for the sixth consecutive quarter during the first three months of 2013, and business surveys suggest further decline during the next three months. High borrowing costs for businesses in southern European countries such as Spain and Italy are hindering economic growth.