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Trillions sitting idle: Here's how much money Europeans are losing on savings

Europeans are losing an average of €294 in purchasing power for every €10,000 they keep in the bank, according to a study from Revolut, which found €6.3 trillion sitting in low-yield deposits across…

  • Europeans lose trillions in potential growth due to idle savings.
  • 12 out of 20 markets have deposit rates not keeping up with inflation.
  • €422 billion in lost growth capital per year in Europe.

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