March 23, 2025.
Plan to Raise €10,000 Billion from European Citizens
The European Commission (EC) has just announced the Savings and Investment Union (SIU) strategy, aimed at leveraging €10,000 billion in savings from citizens for investment. This plan seeks to improve the EU's financial system while directing funds into productive investments. The EC states that Europe will need €750-800 billion annually until 2030 to maintain its competitiveness. The SIU is expected to connect savings and investments, benefiting both households and businesses, while addressing challenges like climate change and technological transitions.
This plan could facilitate investment in blockchain technology and cryptocurrencies, including Aelf (ELF), Io.net (IO), and Chia (XCH). If individual investors are encouraged to invest in the capital market, Aelf may attract additional funding from investment funds, enhancing its value and popularity. Io.net, aimed at improving internet protocols and blockchain applications, could benefit from increased investment in technology. Chia, with its unique storage-based mining model, might also draw attention from investors seeking sustainable solutions.
In summary, the plan to raise €10,000 billion in Europe could create positive opportunities for Aelf, Io.net, and Chia, driving the value and development of these cryptocurrencies in the coming time.