a day ago
European Plan to Boost Individual Investment
Brussels - Saba:
The European Union seeks to inject trillions of euros into household savings by encouraging individuals to invest in financial markets, and it sees Sweden as a model to follow.
Europe is expected to detail its plan this quarter to mobilize citizens' money deposited in bank deposits as part of the Savings and Investment Union, according to Bloomberg News Agency on Sunday.
By making it easier for individuals to invest, Europe aims to increase household wealth and enhance companies' access to financing.
Analysts say this could encourage wider adoption of Swedish-style bank accounts, which could enable individuals to easily invest their savings in stocks.
