European households hold almost EUR 10 trillion in low-yield bank accounts, which are being steadily eroded by inflation.
92% confidence
EconomyEuropean Union
Omissions
The exact figure may vary slightly depending on whether it refers to the euro area or the full EU27, and the specific quarter of measurement. The European Commission used 'around €10 trillion' in March 2025 when launching the Savings and Investments Union strategy.
The claim was made in March 2026, and the main source confirming this figure is a European Commission press release from March 2025, which the MEP could have known about.