Euro zone not heading for recession: ECB's Draghi

FRANKFURT (Reuters) - The euro zone's economy is not heading for a recession but its slowdown could last longer than expected, the head of the European Central Bank, Mario Draghi, said on Tuesday.

"It’s a slowdown, which is not heading towards a recession but it could be longer than expected before," Draghi told the European Parliament in Strasbourg.

(Reporting By Francesco Canepa; Editing by Gareth Jones)