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If the Transatlantic Trade and Investment Partnership (TTIP) agreement comes to fruition, no standards will be lowered and some will even be higher, German Chancellor Angela Merkel promised at the annual Economy Day (Wirtschaftstag 2015) event of the Christian Democratic Union in Berlin, Tuesday. Merkel deplored that the TTIP negotiations between Europe and the USA is discussed in Germany "as if it were menacing." She went on to say that "in some other areas the US has higher standards than we have. This means that in some areas this might lead us to an improvement." Merkel also warned that if the TTIP negotiations fail, "those who want to drop the standards will be the winner of free trade." A European petition protesting against TTIP agreement has reached 2 million signatures this week, ahead of members of the European Parliament holding a final vote on TTIP on Wednesday.

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