BDI Position Paper - A New Treaty for the Euro: Twelve theses from an industrial perspective

09/07/2011

Thesis 1: With its single market as well as its strong and stable common currency, Europe is a central factor for prosperity and employment in Germany.

 

The German economy is highly integrated in the international division of labour. Industrial undertakings from Germany are present on all of the world’s markets with sought-after products and associated services. More than 45% of Germany’s value added is now generated by exports. Even if the upcoming emerging countries have become enormously more important as trading partners, Europe is still the home market for German industry (more)