Submitted by christian on Fri, 06/19/2015 - 13:21
Source: McKinsey Global Institute
Europe's growth since the start of the financial crisis has been sluggish, and the continent faces some difficult long-term challenges on demographics and debt levels. But new McKinsey Global Institute research finds that thanks to a convergence of low oil prices, a favourable exchange rate and quantitative easing (QE), Europe has a window of opportunity to undertake ambitious reforms, stimulating job creation and investment, and unlock new economic dynamism.
