300 billion euros flee Europe to more attractive markets.
72% confidence
EconomyEuropean Union
Omissions
The claim frames the EU's net savings outflow as capital 'fleeing' (huyen), which is politically charged and misleading: this outflow primarily reflects the EU's structural current account surplus being invested abroad — a normal feature of surplus economies — not necessarily capital flight driven by unattractive markets.
The €300 billion figure is a rough annual estimate, not a precise statistical measurement. Sources consistently qualify it as 'around' or 'roughly' €300 billion.
The bulk of these outflows goes specifically to the United States, not generically to 'more attractive markets' as the claim suggests.
The MEP did not specify a time period; the figure refers to an annual flow, and the most recent data available before the session (Eurofi, March 2026; Intereconomics, 2026) continues to cite this same ~€300 billion estimate.
No direct primary-source document from Vice-President Séjourné or the European Commission was located in the search results; the figure is corroborated through secondary policy sources citing Commission observations.
Sources
AcademicIntereconomics / ZBWEurope's roughly €300 billion annual savings surplus needs to be actively incentivised, through taxation and regulation, to be invested in Europe rather than flowing to global markets, particularly the US.
SecondaryEPP GroupEvery year, the Commission observes around €300 billion of European savings flowing to the US for investment.
SecondaryEurofi Macroeconomic ScoreboardAround EUR 300 billion of savings flow out of the EU in net terms every year, primarily funding investment in the United States.