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No Euro Zone Double Dip: Economist

Monday, 10 Oct 2011 | 4:00 AM ET

"For the euro zone at the moment, we are not anticipating a double dip recession. We are expecting very lacklustre growth, 1.6 percent this year, 0.6 percent next year," Leif Eskesen, chief economist for India and ASEAN at HSBC, told CNBC.