The majority of Europeans prefer saving cash in savings accounts, leading to idle money that loses value due to inflation. Tanguy van der Werve from EFAMA highlights that only 26% of EU households own investment products compared to over 50% in the US. Factors like taxation, financial literacy, and a lack of investment culture contribute to this trend. Recent popularity in ETFs and digital platforms has made investing easier, but many Europeans remain hesitant due to fear of making mistakes. Improved financial education is essential to encourage investment and combat misconceptions. Teljes cikk (Euronews.com)