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The prospects for corporate investment within the European Union are bleak, the annual investment report of the European Investment Bank said on Wednesday. The investment bank’s annual report, which provides an overview of the EU’s investments and major drivers behind them, points to tighter monetary policy and waning public support linked to the pandemic and the energy crisis as being behind the negative prospects. The report credits the EU’s capacity to absorb pandemic and energy crisis-related economic shocks to well-coordinated accommodative fiscal policies. The flexible fiscal policies al…

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