Bundesbank ups growth forecasts.

Germany's Bundesbank has increased its growth outlook and now expects the country's economy to expand 0.5% this year and 1.7% in 2014. Previously, the central bank had projected growth of 0.3% and 1.5% respectively. The Bundesbank also forecast that GDP will increase 2% in 2015. The bank said growth is being mainly driven by domestic demand, helped by low interest rates and growing incomes.