No Euro Zone Double Dip: Economist

4:00 AM ET Mon, 10 Oct 2011

"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.