Europe Wants to Put Your Savings to Work, Is This Bullish for European Markets?
- European Commission aims to shift €10 trillion in idle household deposits into investments.
- European companies represent only about 10% of global investable equity.
- Belgium’s PM warns Europe is falling behind the US and China in innovation.
The European Commission wants to move roughly €10 trillion in idle household bank deposits into stocks, funds, and corporate financing. For traders, the real question isn’t whether EU can pull this off; it’s which assets get the first wave of capital if it does.
Money-Flow Thesis
Commission President Ursula von der Leyen recently laid out the main problem. “€10 trillion of household savings at present remain on bank deposits,” she said, adding that a significant portion of European capital flows outside the continent, much of it into the US, instead of funding European companies.
Her proposed fix centers on the E…
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