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There could be deep & serious recession in Europe: HSBC

In an interview to CNBC-TV18, Kevin Logan, US economist at HSBC says, investors are worried that the situation in Europe is going to deteriorate further. “The problem is there could be a very deep and serious recession in Europe. That in-turn will affect the global economy,” he adds.

first published: May 29, 2012 12:43 pm

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