Hilti CEO says Europe faces a `` lost decade '' as it struggles under its debt crisis . The European Central Bank (ECB) has been forced to cut interest rates twice this year in an attempt to stem the eurozone's sovereign debt crisis. He says Europe needs to accept austerity measures .
Hilti CEO says Europe faces a `` lost decade '' as it struggles under its debt crisis . Bo Risberg is wary of the ECB becoming more active in propping up eurozone economies . He says Europe needs to accept austerity measures .