AlQa'dah 15, 1432, Oct 13, 2011, SPA -- Europe's biggest economy could stumble if the continent does not resolve its debt crisis before it turns into a banking crisis, a group of economists was expected to warn Thursday, when it was to release a forecast for Germany, according to dpa. Documents leaked ahead of the official release of the data showed that the group of economists - who twice a year release their take on the German economic situation - cut their 2012 growth projection to 0.8 per cent from a previously forecast 2 per cent. While the forecast is not official, it generally serves as a basis for projections made by the Economics Ministry at the end of the month. The economists were expected to warn that both Germany's anaemic domestic consumption and exports, a major support of the German economy, could suffer if politicians do not act decisively to calm the financial crisis. The economists are from some of the country's leading institutes, which are expected to forecast 2.9-per-cent growth for 2011, largely attributable to strong first quarter growth.
