Germany has cut its 2013 GDP growth prediction to 1% from a previous forecast of 1.6%, but said that growth this year will be 0.8% rather than 0.7%. However, both new figures would represent a slowdown from 4.2% in 2010 and 3% in 2011. "Germany is navigating stormy waters because of the European sovereign debt crisis and an economic weakening in emerging nations in Asia and Latin America,".
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