EIB

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The European Investment Bank could be the answer to austerity exhaustation

LONDON | Were the tide changing within the shaken frontiers of the European Monetary Union, austerity-driven core euro nations could do worse than open the European Investment Bank’s window to let some fresh capital aid in. Barclays analysts said Friday in a note to investors that using the EIB to complement budget constrictions would be a feasible option and the probability of this happening is growing: this time it is…