“Financial Investments of Europeans: European Commission published a communication regarding the Savings and Investments Union( SIU), a strategic initiative aimed at enhancing European economic resilience through optimal allocation of domestic financial resources. This approach addresses a structural paradox: directs a substantial share of European private savings goes to non-European financial markets, particularly the United States. These funds amount to approximately 300 billion euros annually, according to the Draghi Report based on the estimates from the European Commission. The Savings and Investments Union(SIU) aims to reverse this trend by reallocating European savings toward productive investments within the Union. In this report, we present some stylized facts that characterize the dynamics of household savings and investments within the European Union.”
Morten W. Langer