Ambassador Timken was the keynote speaker at the Augsburg Chamber of Industry and Commerce’s annual Summer Fest. The chamber’s annual event spotlights one country each year, and this year’s choice was the USA. An audience of more than 500 – including Bundestag member Christian Ruck – listened to him hail a "New Era for Transatlantic Economic Cooperation." He also spoke with regional press. A local Augsburg TV station covered the Summer Fest. During his visit, Ambassador and Mrs. Timken met Prince and Princess Fugger-Babenhausen, the descendants of the influential Augsburg Fugger family and toured the oldest social housing estate still in use, the Fuggerei. The Timkens also attended the opening of the world-famous Bayreuth Opera Festival and the world’s largest medieval jousting tournament at Kaltenberg.