A leading German economic thinktank is lowering its growth forecasts for the country this year and next in light of the debt problems afflicting a number of euro countries.
The German Institute for Economic Research says that it expects Europe's biggest economy to grow 0.9% in 2012 and 1.6% in 2013.
Both are down on the previous predictions of 1% growth this year and 1.9% next.
It says "the headwinds are continuing, production and new orders are weakening, and even in the labor market the situation has deteriorated somewhat".
Still, Germany has weathered the crisis better than most European nations, and DIW is not predicting any quarters of negative growth.
The IMF in July predicted 1% growth this year and 1.4% in 2013.
