Von der Leyen Proposes Tapping EU Citizens' Savings
Ursula von der Leyen, President of the European Commission, has proposed redirecting the 'idle' savings of EU citizens currently held in bank deposits towards investments in European businesses. She estimates that this could unlock up to 470 billion euros in additional investments. The proposal has sparked debate, with some criticizing it as an attempt to seize private savings.14 sourcesSee all sources