THE FUTURE OF EUROPE: FIVE OPTIONS, NO ALTERNATIVE
Brexit, upcoming elections, an uncertain future: The EU is in a deep crisis, but is a union of states that needs to be maintained - just not necessarily the way it is now. While Jean-Claude Juncker presents his visions of a re-invented EU, VDMA also has suggestions for reform in Europe. An analysis.
BREXIT: UNDECIDED AFTER THE DECISION
Now that the decision has been made in the British EU referendum, people in Europe seem to know just as little as before. On June 23, Great Britain indeed voted to leave the European Union (EU). So far, however, no one can tell when (or even if ever) the country will formally apply for its exit out of the EU, let alone how relations with the continent will look like afterwards.
THE BREXIT MYSTERY
Brexit, the portmanteau combining the words "Britain" and "exit", stands for the political aim of many British people to leave the European Union (EU). A referendum in June - in favor of or against the EU - will define the future: An analysis from Brussels.
“CURRENT EU LEGISLATION ONLY HAS LIMITED SUITABILITY FOR INDUSTRIE 4.0”
Hartmut Rauen, Deputy Executive Director VDMA, thinks that digital technologies will fundamentally change the way our society produces and consumes. In an interview with VDMAimpulse, he explains why the changing technological possibilities will also necessitate changes in the political framework.
EUROPEAN ECONOMY: LACK OF MOVEMENT
The slowdown of the Chinese manufacturing sector and the recession in Russia and Brazil have had a dampening effect on the European economy, although all the signs point to a modest rise in GDP of 1.8 percent for the eurozone in 2016. In mechanical engineering, VDMA researchers predict price-adjusted growth in turnover of 1 percent. But the situation in Europe remains fragile.