Wires

Leading institutes halve German 2013 GDP f'cast-paper

BERLIN, Oct 10 (Reuters) - Germany's leading economicinstitutes have cut their growth forecasts for Europe's largesteconomy to 0.8 percent this year and to 1.0 percent in 2013, thebusiness daily Handelsblatt said on Wednesday.

These figures compare with the institutes' previous springforecasts of 0.9 percent growth for 2012 and 2.0 percent for2013.

The four institutes are due to announce their revised growthforecasts on Thursday.

Citing confidential sources, the newspaper also said theinstitutes expect the euro zone to overcome its sovereign debtcrisis next year and that German unemployment will continue tofall.

Other institutes and the International Monetary Fund havealso recently trimmed their growth forecasts for Germany thisyear and next because of the global slowdown and recession inparts of euro zone.

(Reporting by Berlin bureau)

((gareth.jones@thomsonreuters.com)(+49 30 2888 5214)(ReutersMessaging: gareth.jones.thomsonreuters.com@reuters.net))

Keywords: GERMANY GROWTH/INSTITUTES