Glimmer of hope in Europe. In its report “Investing in growth: Europe's next challenge”, the consultancy firm McKinsey stresses that of all drivers of growth, private investment will be the one which is likely to recover most quickly, and more strongly than in previous crises, despite poor demand and a desperately low confidence index in the Eurozone. Consumption is expected to remain sluggish for some time, with households continuing to pay off debts. The same goes for public...