The time for finding a way out of the euro crisis has reached the eleventh hour. In a letter sent to Dutch newspaper Het Financieele Dagblad, five captains of Dutch industry have called on European leaders to “show courage and act decisively”. Otherwise, it’s doom day for Europe.
The CEOs of Philips, AkzoNobel, Unilever, Shell and DSM – Frans van Houten, Hans Wijers, Paul Polman, Peter Voser and Feike Sijbesma respectively – say only decisive action and resolve can help unite Europe and make it strong again.
“We have to focus on measures to make the Netherlands and Europe more competitive in the global market. Retreating behind the dykes won’t work, but rather, reaching out across borders is the only lasting solution.”