🎧 The EU wants to redirect capital: With the proposed Savings and Investments Union (SIU), savings are to be used more productively. What lies behind this concept is explained by Charles Krier in episode 112 of “Alles Legal”. Tune in now!
How the EU aims to boost its competitiveness through the SIU
In episode 112 of “Alles Legal – Fintech-Recht kompakt”, host Dana Wondra speaks with Charles Krier about the EU’s proposed Savings and Investments Union (SIU). Charles is a partner at Annerton in Luxembourg and an expert in European financial regulation.
Charles Krier explains why the SIU is a key initiative for Europe’s economic future. The goal is to put around ten trillion euros of bank deposits to more productive use and cover the EU’s estimated annual investment gap of up to 800 billion euros. The EU Commission aims to redirect capital flows into innovation, climate, defence, and digitalisation.
More participation, more stability
The SIU is not a single piece of legislation, but a comprehensive package of measures. It aims to increase citizen participation in investments, improve funding opportunities for SMEs and start-ups, and enhance the integration of Europe’s financial systems. Rather than replacing banks, the plan seeks to strengthen their role.
According to Krier, success will depend on involving all stakeholders: citizens, banks, businesses, and Member States. Only through coordinated action can the SIU reach its full potential.
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