VDMA is reaffirming views that German machinery orders will increase 14 percent this year in spite of the cooling world economy. However, VDMA is also forecasting a 4 percent increase for next year. VDMA was also critical of the German government's actions regarding the Euro. Click here for more information.
John L. Watkins is a lawyer with Thompson Hine LLP's Atlanta, Georgia office. He represents machinery and equipment suppliers, including German and international companies, in business dealings and in litigation.