The Bundesbank, Germany’s central bank, described increasing optimism over the state of the country’s economy in its latest monthly report published on Thursday. The influential ifo Institute, meanwhile, raised its forecast for growth in Germany’s gross domestic product (GDP) for the current year from 0.2% to 0.4%, pointing to indications of a tepid recovery for Europe’s largest economy. The Bundesbank said that German GDP, adjusted for inflation, is likely to rise again slightly in the second quarter. Although the German economy continues to face headwinds, there are increasing positive signs…