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"The Savings and Investments Union - (finally) turning an idea into actions"

· François Villeroy de Galhau, Governor of the Banque de France (France)

Summary written by Dark Majestic in its own words · topics: growth, investment and productivity

FV
· François Villeroy de Galhau Wiki · Banque de France Wiki"The Savings and Investments Union - (finally) turning an idea into actions"

ContextSpeech of François Villeroy de Galhau, Governor of the Bank of France, at the conference "Where do savings go?", jointly organised by the Association Européenne de l'Économie Financière et des Régulations (AEFR) and the Réunions d'Économie Financière (REF), Paris, 11 September 2025.

Why it mattersThe French governor lists concrete levers to move European savings toward equity, answering doubts about the Savings and Investments Union.

Problems raised
  1. European savings are not channelled into European investment.
  2. Savings go mostly into low-risk assets.
  3. Doubts slow the Savings and Investments Union.
Solutions proposed
  1. Mobilise savings towards equity and funds.
  2. Answer the doubts about the SIU.
  3. Prioritise five concrete levers for action.
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