Lego boss on how to rebuild Europe
Lego last to buildSTORY HIGHLIGHTSThe boss of Lego says Europe needs to aspect up to its harsh fiscal realityJorgen Vig Knudstorp believes Europeans think they are comfortable than they areHe says Europe needs to write-off round about of its debt to evade a stagnant financial prudence in favor of the then decade Lego boss Jorgen Vig Knudstorp, who pulled the iconic toy brand back into profit, says Europe needs to aspect up to its harsh fiscal veracity.Knudstorp believes Europeans think they are more affluent than they are, despite three years of a overall economic disaster.With the catastrophe continuing to stir up markets and destabilize the banking sector, its just about all of us recognizing with the purpose of we receive lost a crumb of our wealth, he says.Lego lost its way participating in the tardy 90s and went severely into debt already rebounding to twofold figure growth under Knudstorps leadership.Knudstorp suggests European finance ministers can realize from Danish manufacturers experience. My bit of advice would be: play against the reality with the purpose of is pardon? I learned the firm way hip our company.
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