Buy European @feddit.uk Blaze @feddit.nl 1w ago

EU plans to channel €10 trillion of citizens' savings into investments

www.euronews.com EU plans to channel €10 trillion of citizens' savings into investments

The European Commission wants to boost Europe's economy by redirecting the savings of citizens across the EU towards investment to stay competitive on the global stage. #EuropeNews

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Isn't EuroNews controlled by Russians?
- Orban, so by extension yes
  
  okay, will update my memory accordingly; but nevertheless a bad actor and thus articles from there should be taken with a heap of salt.
  
  Source? It's odd as I see a lot of negative stuff about Hungary on there
- I think Alpac Capital is Portuguese, and despite the conections to Orban by its CEO I watch it everyday and consider them a pretty exempt channel for Europe/world news and excellent to assist debates regarding EU topics.
"EU wants to regulate banks to use your money for their investments" says Hungarian propaganda machine trying to scare people with cash reserves.
In Portugal the majority of the country savings goes straight to Saving Deposits with around 2% returns and with inflation being around 2% or higher our savings returns are usually negative, the reason we do this is just for fear of loss in investments that comes from our education and so we are usually super conservative, not the same for the younger generation. it’s a good measure if done correctly, and the commissioner doing the measure is Portuguese so it knows this, still in my opinion she was a shitty finance minister.
What could possibly go wrong!

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