Euro zone slowdown doesn't mean recession - ESM's Regling
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NICOSIA (Reuters) - A slowdown in economic growth in the euro zone since last year may be sharper than expected, but that does not necessarily mean a recession is looming, Klaus Regling, head of the euro zone's bailout fund, said on Tuesday."We are in a phase of slowdown but not of recession," Regling told a conference in Nicosia. The euro zone's gross domestic product expanded by 0.2% in the second quarter, after a 0.4% expansion in the first three months of the year, Eurostat data in..