The German economy has been hit at its core, said Michael Huether, head of Germany's IW economicinstitute.
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The Ifo economicinstitute predicts the economy will rebound with a quarterly growth rate of some 7% in July-September.
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However the Ifo economicinstitute in Munich warned against writing off the German economy, saying it was a long way from recession.
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An independent economicinstitute is forecasting the Government will return its books to surplus a year later than forecast by the Treasury.
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The German economy has begun a hesitant recovery but could easily be knocked back into recession, according to the country's leading economicinstitute.
Uso de economic research institute en inglés
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German corporate sentiment weakened significantly in June, according to the Munich-based Ifo economicresearchinstitute.
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German economic expansion will be stronger than previously expected this year, the HWWA economicresearchinstitute forecast today.
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GERMAN economic recovery is only partly under way, according to a survey released yesterday by the German economicresearchinstitute, Ifo.
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German analyst and investor sentiment improved by more than expected in August, a survey by the ZEW economicresearchinstitute showed today.
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Business sentiment in Germany worsened in August as firms grew more pessimistic about the current situation, the Ifo economicresearchinstitute said today.
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The ZEW economicresearchinstitute said investor sentiment in Germany rose unexpectedly in September, signalling confidence in a recovery from the coronavirus crisis.
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Investor sentiment in Germany rose in December for the first time since January, the latest survey by the ZEW economicresearchinstitute has showed.
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A study by German economicresearchinstitute ZEW found in August that the European lender had the highest potential capital shortfall of 19 billion euros.
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Germany's Ifo economicresearchinstitute found that the business climate index rose to 102.4, higher than the forecast of 102.0.
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Germany's Ifo economicresearchinstitute today repeated its forecast for the German economy to grow by 1.9 per cent in 2007.
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The Munich-based Ifo economicresearchinstitute said its business climate index fell to a weaker-than-expected reading of 104.2 from 105.8 in August.
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Six out of ten low paid workers are female, according to an analysis by the Nevin EconomicResearchInstitute (NERI).
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Bundesbank president Mr Ernst Welteke said today there was no reason to panic after leading economicresearchinstitutes cut their growth forecasts for Germany.
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The Government should borrow "billions of euro" to invest in a massive social housing building programme, said the Nevin EconomicResearchInstitute.
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Recent forecasts by the government and many economicresearchinstitutes are for 2009 German GDP growth below 0.5 percent.
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The two-tier nature of Ireland's post-crash economy was highlighted by the Nevin EconomicResearchInstitute (Neri) in its latest quarterly economic bulletin.