Risk of European recession 'very low' - ECB's De Guindos
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LONDON (Reuters) - The likelihood of the European economy falling into recession is "very low" the European Central Bank's Vice President Luis De Guindos said on Thursday, but cautioned about an ongoing period of sub-par growth in the bloc.De Guindos made the comments after data showed the euro zone's largest economy, Germany, narrowly avoided falling into a technical recession of two consecutive quarters of economic shrinkage. Europe was in a place where growth remained "below potential" De..