Savings and investments union: better financial opportunities for EU citizens and businesses
The Commission has adopted a new strategy to channel savings into productive investments. It seeks to increase EU citizens’ participation in capital markets with broader investment options and improved financial literacy, fostering their wealth and boosting the EU economy.
About 70% of household savings in the EU – worth €10 trillion – are held as bank deposits. They are safe and easy to access but usually earn less money than investments in capital markets. The new strategy can support EU citizens in building their household wealth and saving better for the future. Thanks to the savings and investments union, citizens who wish to invest will have better opportunities to invest in capital markets. This means having easy,…