July 5 – 7th

, 2010



The main subject on the session, held in Berlin on July 5 – 7th, was the presentation of the results of the first semester of 2010. The session was attended by the representatives of state institutions, mayors from 16 regional provinces, more than 150 CEOs and political and economic German elite.
PhD Josef Schlarmann opened the session emphasizing that current crisis will have the far-reaching effects on German economy and that the Government has consequently elaborated the 10 points priority rescue plan.  The new capital needs to be generated in Germany, and it should be invested in development of German economy, particularly in the car industry that gathers significant number of the companies. In global context, Germany can not expect fast growth, due to the Asian competition.
Special attention was paid to the questions on the transformation of EU financing and European support to the Greece and Afghanistan. The participants agreed it is necessary to restructure the loan offer and make it more transparent. When it comes to European currency, German exporters are content with the strong Euro, and its positive effects on profit increase and further to price stability. They also agreed the single currency is EU's most successful project and its stability has to be preserved.
At the opening of traditional "Sommerfest", German Chancellor Angela Merkel invited German people to pursue with the saving program, to invest in the education, especially in natural sciences, and to be disciplined in paying taxes. In return, the State will create more favorable business environment, subsidize developing companies, family businesses above all, and procure education with lower costs. Due to the social market organizational and business model, the state will secure to the individuals to find appropriate job, according to their education level and talents. The President of the Belgrade Chamber of Commerce, PhD Milan Jankovic, met Chancellor Merkel who expressed her full support to Serbia on its way to the EU. 
President Jankovic also visited the House of German Economy (BDA, BDI and Chamber of Commerce of Germany), and reached with his interlocutors the agreement on the cooperation on various projects. German partners offered the support in the field of internationalization of the business of Chamber's members and in linking Serbian business associations with European and German institutions.