Germany at 35: vbw Calls for Strengthening Social Market Economy on Unity Day
Today marks the 35th anniversary of German reunification, a day celebrated as the Day of German Unity. The Association of German Chambers of Industry and Commerce (vbw) has used this occasion to call for a strengthening of the social market economy, emphasizing its crucial role in securing competitiveness and future prosperity in Germany and Europe.
The vbw views the Day of German Unity as a significant event not just for Germany, but for Europe as a whole. Over the past 35 years, Germany has proven to be a reliable partner and important stabilizer for Europe, as acknowledged by the German Bundestag on this day in 2022. The vbw underscores Germany's role in economic policy coordination and its commitment to European unity, which has contributed to the stability of the continent.
Reflecting on the principles that guided German reunification, the vbw highlights the importance of the social market economy. This economic model, based on freedom, democracy, and social responsibility, was instrumental in the economic reconstruction of the eastern states after reunification. The vbw sees these values as inseparably linked to the Day of German Unity, serving as a reminder that a pluralistic society, freedom, and prosperity are not guaranteed and must be continually protected and fostered.
As Germany celebrates 35 years of unity, the vbw's call to strengthen the social market economy serves as a reminder of the principles that have guided the country's post-reunification progress. By committing to these values, Germany continues to play a vital role in ensuring the stability and prosperity of Europe.
