Investing.com — Goldman Sachs vice president of international operations Richard Gnodde said CEOs of Europe’s biggest companies could become more politically active in advocating growth-oriented policies if European leaders and officials do not act soon.
Gnodde shared his views in an interview with Bloomberg Television in Davos.
He found that there is a growing sense of frustration among CEOs, and he predicts that this group will become much more assertive in the near future. This assertiveness could be manifested in different ways, such as challenging the regulatory framework, cooperating with Brussels and taking a more active role in our own domestic capitals.
According to Gnodde, the current mood in European administrations is “not good”. He explained that European CEOs are aware of corporate optimism in the United States, especially in light of the recent inauguration of President Donald Trump.
He also noted that the European corporate sector is investing significant amounts of money in the US. However, these CEOs also want to find more growth opportunities closer to home.
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