In a report published on Thursday 25 April, the eight experts on the committee chaired by former Governor of the Banque de France Christian Noyer recommend developing long-term European savings products, stimulating financial securitisation and strengthening financial supervision at the level of the European Securities and Markets Authority (ESMA).
According to the experts, savings are abundant in the European Union, estimated at €35,000 billion, but poorly allocated, mainly because of...