4 days ago
The EU Sees Sweden as a Model as It Looks to Encourage Investors
The European Union wants to unleash trillions of euros in household savings by encouraging people to invest in capital markets — and it sees Sweden as a template of how to do so.
Europe is expected to detail its plan this quarter to mobilize citizens' funds sat in bank deposits as part of its Savings and Investments Union. By making it easier for people to invest, it aims to lift household wealth and boost firms' access to funding. Analysts say it might promote wider adoption of Swedish-style bank accounts that enable people to easily invest savings in stocks.