He views the EU's initiative as an attempt to create more transparency and understanding of the financial markets: "You don't know what the bank does with the money in your savings account. The original report from March 5 states at the beginning that, "the European Commission estimates the total level of unused savings of EU citizens at €10 trillion, and it intends to find ways to mobilize this money to finance its plans to militarize Europe and support the European military-industrial complex." As clearly outlined by President von der Leyen, Commissioner Albuquerque and a wide variety of official EU Commission publications, EU citizens enjoy and will continue enjoying full freedom to invest based on their personal choices: they will always have total control of where they want to keep and allocate their money," said European Commission spokesperson Olof Gill in response to a DW inquiry.
Author: Rayna Breuer
Published at: 2025-03-29 11:51:00
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