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Thank you
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jamw 10mo ago

No worries. Been following this since its public consultation. Gut feeling is that it’s going to be a mess to implement across each country (local

nuances in tax regs etc). But wouldn’t be surprised if the EU CBDC, coming in October 2025, is used to implement the SIU under the banner of “convenience”.

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jamw 10mo ago

A lot of “the vision” is described in the pdf below:

I like to think of it all as the EU trying to emulate the US and its economy (i.e. a United States of Europe). But it’s not going to work well - too many differences between the countries in the EU).

https://www.deutsche-boerse.com/resource/blob/4195814/e39d6ad3b341289635b45e3fc5c5fbe4/data/Towards%20an%20EU%20Savings%20and%20Investments%20Union.pdf