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European Commission to use 10 trillion Euros of citizens’ savings for EU defence
SB news ^ | 11 Mar 25 | SB news

Posted on 3/13/2025, 7:37:27 PM by delta7

The European Commission estimates the total level of unused savings of EU citizens at 10 trillion Euros, and it intends to find ways to mobilise this money to finance its plans to militarise Europe and support the European military-industrial complex, according to a statement by European Commissioner for Financial Services and the Savings and Investment Union Maria Luís Albuquerque, distributed by the EC press service, TASS reports

A large part of Europeans’ savings lies in the form of deposits at very low interest rates (between 0.3 and 0.8 percent per annum) and even in the form of cash reserves. Mobilising even a small part of these resources will change the investment landscape in the EU,” the European Commissioner said.

In the News/Activism forum, on a thread titled European Commission to use 10 trillion Euros of citizens’ savings for EU defence, delta7 wrote:
I find it so, so laughable, the EU sets out to Sanction and weaken Russia but they themselves end up going broke, fractured and have to steal from their own citizens..

Thanks, RN!
Very interesting !