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Euronews
Euronews
Angela Barnes

The silent wealth drain hitting European savers: Is your money at risk?

Parking spare cash in a savings account remains the norm for the majority of Europeans - particularly compared with Americans - with cash sitting idle and losing ground to inflation. But just how significant is the challenge of encouraging investment across generations on the continent?

The director general of the European Fund and Asset Management Association (EFAMA), Tanguy van der Werve, told Euronews’ Business Editor Angela Barnes on Friday just how staggering the numbers are.

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