Brussels plans to free up trillions of euros in European household savings by encouraging people to invest in stocks. The European Union is using Sweden as an example.
The plan, which aims to stimulate the economy and increase household wealth, is expected to be presented shortly. It should also expand financing options for businesses.
According to experts, this could pave the way for the introduction of savings accounts based on the Swedish model, allowing people to easily invest their savings. Earlier this month, Poland introduced an investment savings account to create a “stock culture” that is expected to attract 100 billion zlotys (23 billion euros) in the first three years.
In Sweden, investing in stocks has practically become a national sport. Swedish households invest more than half of their savings in shares, more than twice the eurozone average.