BERLIN  - Next year will mark the end of the economic recovery in Germany, the head of the Cologne Institute for Business Research said, in comments to appear in a German newspaper Sunday. "The creation of work which has allowed the fall in unemployment for nearly two million people since the start of 2005 is coming to an end," wrote the institute's director Michael Huther in an article in Bild am Sonntag. "In 2009, little new employment will be created, unemployment is going to stagnate," he added. Huther, who expects economic growth of around one percent in 2009, called for tax cuts to strengthen economic competitiveness and moderate salary agreements. German Finance Minister Peer Steinbruck, meanwhile, said he expects "obviously a weakening" of the economic climate next year, according to an interview in the Sunday newspaper Die Welt am Sonntag. But "we are not in a situation in which we have to develop crisis scenarios," he said. "We have every reason not to worry people," he said, adding that the German economy was "much more robust than three or four years ago." Huther, however, said high fuel and raw material prices, the strong euro, the uncertainties of the credit crunch and the risk of a weakening in US economic activity still represented an "explosive cocktail" for the German economy. The German economy has recently suffered several blows including a drop in production.