European savers have no easy way of getting more out of their hard-earned savings inside the EU.

A significant part of their money sits in low yield deposit accounts or even cash, –  amounting to 10 trillion euro at the end at 2023. Mobilising even a very small part of this amount can transform the investment landscape in the EU.

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"Obviously, this is not to say that the Commission will decide where citizens' savings need to go, rather the Commission's objective is to make investing easier and more appealing."