EU to boost financial literacy and investment opportunities for citizens
25 Articles
25 Articles
"Europeans could get better returns on their savings," says Maria Luís Albuquerque, Commissioner for Financial Services and the Savings and Investment Union.
The European Commission has announced its plan to direct the bottom-of-the-line savings banks towards the financing of European companies, announces its intention to strengthen citizens' financial education and calls for the creation of attractive investment savings accounts in the Member States.
The Commission is presenting the blueprint for a European savings and investment account, with the aim of generating higher profits for EU savers – and making more capital available for European companies.
According to the official information, EU citizens have several trillion euros lying around on their accounts. Brussels is now trying to change this. Investing should be simplified and thus become much more attractive.The EU Commission wants to make more citizens invest – and to expand the financial education of people in all phases of their lives. In addition, the Commission recommends introducing more so-called savings and investment accounts,…
The European Commission wants to boost long-term savings in the EU and is committed to fiscal incentives. It is its main option in the document approved this Tuesday with recommendations to encourage the creation of investment instruments for small savers who channel these resources to stock or debt markets. It also advocates that consumers of these products can change institutions easily and without a high cost.
The European Commission presented so much to encourage saving and investment, opening the door to the creation of simplified accounts and tax incentives for all Europeans.
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