The eurozone, at risk of a third recession in six years, continues to struggle with the fallout from the 2008 financial crisis. Japan is also mired in low inflation, high debt and anemic growth. And output in many major emerging markets—economies that have provided most of the gas for global growth over the last decade—is slowing faster than expected.
http://www.wsj.com/articles/imf-chief-lagarde-global-economy-facing-very-strong-headwinds-1421337990
http://www.telegraph.co.uk/news/worldnews/europe/eu/11366613/How-the-European-dream-is-dying-state-by-state.html
Greece..... the beginning of the end?