(Bloomberg) -- Goldman Sachs Group Inc. President Gary Cohn said that Europe still faces “fundamental problems” and that policy makers don’t appear to have a plan for generating economic growth in the region’s southern nations.

“No one has solved the European economic issue for me yet,” Cohn, 52, said in an interview with Bloomberg Television’s Susan Li in Hong Kong today. “No one’s given me an explanation of how we’re really going to create growth in Greece, or in Spain, or in other peripheral countries.”

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