this post was submitted on 27 Mar 2025
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EU plans to channel โ‚ฌ10 trillion of citizens' savings into investments (www.euronews.com)
submitted 3 days ago by [email protected] to c/[email protected]
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[โ€“] [email protected] 2 points 3 days ago

In Portugal the majority of the country savings goes straight to Saving Deposits with around 2% returns and with inflation being around 2% or higher our savings returns are usually negative, the reason we do this is just for fear of loss in investments that comes from our education and so we are usually super conservative, not the same for the younger generation. itโ€™s a good measure if done correctly, and the commissioner doing the measure is Portuguese so it knows this, still in my opinion she was a shitty finance minister.

[โ€“] [email protected] 5 points 3 days ago

"EU wants to regulate banks to use your money for their investments" says Hungarian propaganda machine trying to scare people with cash reserves.

[โ€“] [email protected] 16 points 3 days ago (2 children)

Isn't EuroNews controlled by Russians?

[โ€“] [email protected] 1 points 3 days ago

I think Alpac Capital is Portuguese, and despite the conections to Orban by its CEO I watch it everyday and consider them a pretty exempt channel for Europe/world news and excellent to assist debates regarding EU topics.

[โ€“] [email protected] 14 points 3 days ago (2 children)

Orban, so by extension yes

[โ€“] [email protected] 1 points 3 days ago (1 children)

Source? It's odd as I see a lot of negative stuff about Hungary on there

[โ€“] [email protected] 2 points 3 days ago (1 children)

Euronews is owned by a spanish holding called Alpac Capital. The father of their CEO had a seat in the European parliament but is now an advisor for Orban. The father has been awarded with state medals for achievements for the country.

Hungarian state affiliated banks have invested in Alpac Capital. This is all Wikipedia btw, not that hard to find

[โ€“] [email protected] 1 points 3 days ago

Thanks, yeah I found the same stuff. I'll keep it in mind, seems generally like a pretty center-left source but I guess there must be some impact

[โ€“] [email protected] 5 points 3 days ago

okay, will update my memory accordingly; but nevertheless a bad actor and thus articles from there should be taken with a heap of salt.

[โ€“] [email protected] -3 points 3 days ago

What could possibly go wrong!