Spain, together with France, Germany, the Netherlands, Portugal, Luxembourg, and Estonia, has launched the “Finance Europe” label to channel citizens’ savings into investments that drive the European economy. The initiative, presented in Paris under the joint leadership of Ministers Carlos Cuerpo (Spain) and Éric Lombard (France), aims to mobilise part of the €35 trillion in household savings across Europe toward strategic sectors such as innovation, the green and digital transitions, defence, and strategic autonomy.
TDB keeps you informed. Follow us on: Facebook, Twitter and Instagram
Spain and Six EU Countries Launch the “Finance Europe” Label to Boost Strategic Investment in the Union
The label is part of the European Competitiveness Lab (LAB), promoted by Spain, and identifies financial products that meet three key criteria:
- At least 70% of assets are invested in European companies
- A minimum investment horizon of 5 years
- A significant share in equity investments without permanent capital guarantees
Products that meet these requirements may also benefit, depending on each country’s regulations, from tax incentives to enhance their attractiveness. National authorities will oversee compliance, ensuring transparency and credibility.
Minister Carlos Cuerpo emphasised the importance of this pioneering tool, stating that it will help mobilise private resources to tackle major EU challenges and support strategic projects led by European companies. He also called on his European counterparts to continue working, in collaboration with the European Commission and international institutions, on initiatives that strengthen the Capital Markets Union, improve access to finance for SMEs, align legislation, remove barriers, and promote financial literacy among EU citizens.