Turning European savers into investors

Progress made and policy recommendations

Our recent research paper, “Household participation in capital markets: assessing progress focusing on 2020-2022”, shows that EU households held 41% of their financial wealth in cash and deposits in 2022, equivalent to almost EUR 14 trillion. Shifting more of these savings into investments would not only benefit these citizens in the long-term, but also help to finance Europe’s economic growth, net zero transition and digital ambitions.

We recently organised an interactive discussion on the key findings of our report and various policy actions that could make a difference to retail participation in capital markets. Discussions included an analysis of progress made in recent years, country differences across Europe, as well as a debate on policy initiatives more broadly and within the current Retail Investment Strategy.

A recording of the webinar is available here.