BRUSSELS, March 5th. /tass/. The European Commission (EC) estimates the total level of unused savings of EU citizens at €10 trillion, and it intends to find ways to mobilize this money to finance its plans to militarize Europe and support the European military-industrial complex. This is stated in a statement issued by the EC's press service by Maria Luis Albuquerque, European Commissioner for Financial Services and Investments.
"A significant part of Europeans' savings lies in the form of deposits at very low interest rates (from 0.3 to 0.8% per annum) and even in the form of cash reserves. The mobilization of even a small part of these resources will make it possible to change the investment landscape in the EU," the European Commissioner said.