Germany's central bank, the Bundesbank, has cut its growth forecast for next year, saying the country's economy might be entering recession.
Growth in 2013 is now expected to be just 0.4%, compared with a forecast in June of 1.6%, but is expected to bounce back to 1.9% in 2014.
This year, Germany is expected to grow 0.7%, down from an earlier 1% forecast.
It comes one day after European Central Bank president Mario Draghi cut his forecast for eurozone growth.
Mr Draghi blamed his move on a stagnation in core eurozone countries, including Germany, France and the Netherlands.
Southern European countries, such as Spain and Italy, have been in recession for more than a year, but the malaise has spread to the rest of the single currency zone via weak export demand and falling consumer and business confidence.
Rebound in 2014Meanwhile, the ECB's German counterpart warned that Germany's economy may suffer a recession during the current quarter and the first three months of next year.
The Bundesbank blamed its new-found pessimism about the country's prospects on the recessions in neighbouring eurozone countries, as well as on a general slowdown in the world economy.
"Given the difficult economic situation in some euro area countries and widespread uncertainty, economic growth will be lower than previously assumed," the Bundesbank said.
"The Bundesbank does not see a protracted slowdown, but instead anticipates a return to a growth path soon."
It noted that German businesses were cutting their investments and were taking on fewer new workers.
Industrial orders and exports have fallen in recent months, although the country did see a surprise bounce in industrial orders in October thanks to a surge in demand from outside the eurozone.
German unemployment - which had been falling steadily to a 20-year low of 5.4% - is showing signs of rising again.
German industrial production data for October is due out later, and the Bundesbank's president Jens Weidmann will give a speech in the afternoon.
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