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As Europe seeks to hold its ground against economic rivals, politicians think they have a secret weapon: the untapped savings of its citizens. From Italy selling government bonds to households, to French talk of a pan-European savings product or Britain offering tax breaks for investment in UK shares, governments across Europe are seeking ways to mobilise household wealth. All these plans share an underlying thinking: Europe is sitting on plenty of cash that could be channelled towards its goals, from the green transition to beefing up militaries.

United kingdomUnited statesFrancesco canepaLe maireDaniela gaborMario draghiMassimo famularoBruno le maireDirk schumacherMark johnCatherine evansBenjamin braunUniversity of theEuropean unionEuropean commissionEuropean central bank