Europe in the circular economy: money flows for a new era!

Europe in the circular economy: money flows for a new era!

Laimgrubengasse 10, 1060 Wien, Österreich - On March 19, 2025, the EU Commission presents a groundbreaking proposal for creating a savings and investment union, which serves as the key to financing vital initiatives such as 'REARM Europe'. Evelyn Regner, SPÖ-EU MP and member of the Economic and Monetary Committee, warns of the urgently needed increase of European investments by 800 billion euros annually to remain competitive. According to the rain, which describes the initiative as essential, up to 33 trillion euros in private savings could be mobilized in order to invest in productivity and keep the European financial system stable. The urgent demand is clear: "The question of whether we are investing no longer arises, but how" she emphasizes, while warning of a possible deregulation of the financial markets, which could prove to be fatal, as the 2008 financial crisis showed. Regner also emphasizes that the implementation of the savings and investment union can only become a reality with democratic legitimation, i.e. the approval of the European Parliament.

Consultation for savings and investment union

In addition, the Commission launched a comprehensive consultation for the savings and investment union (SIU) today in order to obtain the perspectives of consumers and representatives of interests. Maria Luís Albuquerque, EU Commissioner for Financial Services, emphasizes the need for massive investments in order to secure the competitiveness of the EU in the long term. Their goal is for European savers to achieve an appropriate return, while companies are given access to necessary financial resources. This is to be achieved by a strategy that includes both capital markets and the banking sector.

The SIU is viewed as a key initiative to strengthen the prosperity and competitiveness of the EU by increasing private budgetary networking and its savings. The Commission plans to present a comprehensive strategy that aims to ensure that all Member States benefit from strong financial markets. Participation in the consultation is possible until March 3 and all interest groups are asked to make their vote. The results are incorporated into the communication that is expected for the first quarter of 2025 and which should address the challenges and progress of the SIU, such as germany.