Bosch CEO warns of recession due to "chaos"-paper

Newswire

FRANKFURT, Nov 13 (Reuters) - The head of Germany's Robert Bosch, the world's biggest automotive supplier, warned that the worsening European debt crisis could lead to a recession. "There is more chaos and therefore the crisis has worsened. That's why I fear now that a crisis-hit sentiment will weigh on demand," Bosch Chief Executive Franz Fehrenbach said in an interview with Sunday paper Welt am Sonntag. "If uncertainty keeps getting spread, we can no longer rule out a recession," he ...

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