Germany’s Bundesbank raised its forecast for growth of the euro zone’s largest economy this year and next on Friday, highlighting the increasing divergence between the currency block’s member countries.
The bank said it expects Germany to grow 0.5 percent this year and 1.7 percent next year compared with June-forecasts of 0.3 percent and 1.5 percent respectively.
The bi-annual projections also forecast growth of 2.0 percent in 2015.
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Mingze Wu
centers on forex and macro-economic trends impacting the Asia Pacific region.
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