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Kärcher CEO warns Europe faces 'perfect storm', urges reforms

Original: Kärcher CEO warns Europe faces 'perfect storm' as he calls for economic reforms

Hans Peter Käsmaier? No — the head of cleaning equipment maker Kärcher has warned that Europe is heading toward a 'perfect storm' and is calling for economic reforms to avert it. The executive argues the continent needs structural change to stay competitive, comments reported by Euronews.

Why now: European business leaders are increasingly vocal about economic weakness and the need for competitiveness reforms.

KärcherEuropeEuronews

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