Growth Warning Top German Economists Say Greece Is Lost

Several top German economic institutes on Thursday warned that German growth is slowing as the country continues to be hampered by the ongoing euro-zone debt crisis. And Greece, they say, will be unable to "free itself from its debt burden" and will need another haircut.
The German port of Bremerhaven: Exports are still keeping Germany's economy afloat.

The German port of Bremerhaven: Exports are still keeping Germany's economy afloat.

Foto: FABIAN BIMMER/ REUTERS
cgh -- with wire reports