Business · Markets · 1 day ago

Spain and other European countries promote tax-advantaged EU stock investments

Spain and other European countries promote tax-advantaged EU stock investments

Spain and other European countries are beginning to launch new financial products for people who invest in European Union stocks.

These products include tax incentives.

The aim is to encourage people to move savings held in cash or other forms into the stock market.

The initiative is described as seeking to mobilise one trillion euros in savings.

The background is a push to channel more personal savings into investment in EU companies.

The incentives could make investing more attractive to savers, though the details of the products are not given.

The products are starting to appear, but no further steps or timetable are specified.

Sources

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