🇪🇺 Europe is trying to keep its capital at home
French President Emmanuel Macron revealed that nearly 300 billion euros in European savings leaves for the USA every year — and that this outflow of capital must now come to an end. Instead, Europe plans to redirect the same amount back into its own economy to support growth and long-term financial stability.
All 27 EU member states have agreed to launch a Union for Savings and Investment (S&I), which is a significant step towards building a full capital markets union. The goal is to keep European capital in Europe and strengthen its global competitiveness.
Many see this as a turning point — a sign that Europe is finally taking concrete steps to secure its economic future and reduce dependence on foreign markets.
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