Dear Reader, Dear Members and Friends,
Finally, the Christian Democratic Union (CDU), the Christian Social Union (CSU), and the Social Democrats (SPD) have come to a coalition agreement. With its program “A new dawn for Europe. A new dynamic for Germany. A new cohesion for our country.”, the designated German government shows a clear commitment to the European Union. This consistency and therefore reliability is prerequisite for a prospering economy.
Unfortunately, this is also what’s desperately missing in the Brexit negotiations. Putting one’s own country’s interest first is a government’s duty – to put it above everything and everybody else will backfire – not only in the U.K. Quite the opposite is required, we have to work together even closer to meet the upcoming challenges. In a globalized world, free trade benefits every country’s interest.
Economyvbw Index of Business Activity in Bavaria – fall 2017
In fall 2017, Alfred Gaffal, President of vbw, presented the latest vbw Index of Business Activity in Bavaria. This so-called “wheat beer index” increased up to 145 on a scale of [0; 200] points –six points more than in spring, proving that the Bavarian economy is doing extremly well.more
EconomyEconomic Outlook – leading indicators at a glance
It is a service of bayme vbm and vbw to provide you with the most recent numbers and data on the German, the Eurozone and the global economy: For the moment, most leading indicators for the German and the Eurozone economy as well as the global leading indicators remain at a high level.more
EconomyUS tax reform and its impact on US-German trade
Most likely, the US tax reform will strengthen the trade between the USA and Germany. Especially the US demand for investment products will increase. Bavaria's municipalities with highly attractive trade tax rates – amongst numerous other advantages – become more interesting to US investment.more
Legal affairsLegal framework for part-time employment
In general, every employee in Germany is entitled to claim a permanent reduction of his working hours. For operational reasons though the employer has the option to decline this request. We provide you with valuable background information on part-time employment – challenge and opportunity alike.more
Events and international affairs4th German-American Data Privacy Day
For the fourth time the vbw initiated the German-American Data Privacy Day in cooperation with the US Consulate General Munich and the Bavarian Data Protection Authority. Around 150 participants seized the opportunity to discuss the challenges of data transfer between Germany and the US.more