Dear Reader, Dear Members and Friends,
On his recent visit to Germany in April, President Barack Obama has renewed his call for more progress in the negotiations on the Transatlantic Trade and Investment Partnership (TTIP). We at the Bavarian Industry Association (vbw) agree that TTIP promises great opportunities for Bavaria and Germany as well as the U.S.
Together, the EU and the U.S. account for almost half of world GDP. And in 2015, the U.S. was Bavaria’s largest export market.
Increasing transatlantic trade would benefit businesses and consumers, create more jobs, and stimulate investment in both our countries.
For more information about the Bavarian economy and our services and activities, please explore the articles in this month’s newsletter.
About BavariaMaking a success of integration through education
Improving access to education and employment is essential to solve the refugee challenge. A new report illustrates how to better integrate refugees and people with a migration background into the German education system.more
EconomyEconomic Outlook, June 2016
The leading indicators for Germany improve slightly, whereas the Eurozone and the world economy fail to pick up. See here for the June figures.more
Legal affairsUnderstanding Co-determination in Germany
Co-determination, or Mitbestimmung, is an important concept in industrial relations in Germany. It refers to an institutionalized concept for the consultation and participation of employees in the decision-making of an establishment or enterprise.more
Innovation + technologyFocus on Big Data
The vbw Council for the Future of the Bavarian Economy wants to enable Bavaria for the digital future. On July 18, 2016, a conference in Munich will discuss Big Data and the important questions it raises about innovation, productivity and data protection.more
Innovation + technologyInnovation is the key to business success
A conference at TU Munich sought new ways to strengthen cooperation between academic research and the business world – and to tackle the challenge of digitalization.more
Events and international affairsBavarian Business Night 2016
At its reception for the Bavarian state government, the Bavarian Industry Association (vbw) pointed out how Germany can strengthen its competitive position.more
Events and international affairsBrexit – a threat to the European economy
At an event of the Bavarian Industry Association (vbw), all the panelists warned of the serious consequences of a British vote to leave the European Union after June 23. A “Brexit” would be a huge economic and political setback – for the UK, for Bavaria and for Europe.more