Brussels, 16/02/2012 (Agence Europe) - Although budgetary consolidation is necessary, it is not the only answer to the indebtedness being experienced by EU member states. The EU must also strengthen its competitiveness, and the European Investment Bank (EIB) has a role to play in this respect by providing constant support for the real economy, combining its loans with non-reimbursable lending and providing technical know-how. This was how Werner Hoyer, the new EIB president, addressed the...