Finance
Europe Risks CEO Mutiny Over Growth Fears, Says Goldman’s Gnodde
- Richard Gnodde says European companies frustrated with leaders
- Gnodde expects continent’s largest companies to be ‘assertive’
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The CEOs of Europe’s largest companies will become more politically active in pushing pro-growth policies if the continent’s leaders and officials don’t get their act together soon, said Richard Gnodde, vice chairman of Goldman Sachs’s international operations.
“There’s an increasing sense of frustration and I wouldn’t be surprised if we see that community broadly becoming much more assertive,” said Gnodde in an interview with Bloomberg Television at Davos. “Assertive with the regulatory framework, assertive with Brussels, in their own domestic capitals, and really leaning in, because I think everybody knows what the program needs to be. I think people are done with talking.”