Business · Markets · 8 hrs ago

EIB President Says US Market Turmoil Could Draw Capital to Europe

EIB President Says US Market Turmoil Could Draw Capital to Europe

EIB President Nadia Calvino says US market turmoil could benefit Europe as investors look for a safe haven.

The European Investment Bank is the institution she leads.

The statement concerns capital moving toward Europe as investors respond to uncertainty in US markets.

A safe haven is a place investors see as a more secure option during market turmoil.

The potential benefit depends on investors choosing Europe over other destinations.

Calvino did not specify how much capital might move or when.

No further steps were given.

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Nadia CalvinoEuropean Investment Bank president
Europe is set to benefit from recent market turmoil in the US as investors seek a safe haven
via Bloomberg